One tweet costs Elon Musk $15 billion. He is no longer the world’s richest man, a title he profoundly claimed surpassing Jeff Bezos a month ago.
Currently, with a net worth of $183.4 billion, Elon Musk slips to the second position on Bloomberg’s list of the world’s richest people. His net worth reduced by a huge $15.2 billion in a day after Tesla shares nosedived to 8.6% on Monday.
As of writing this article, Jeff Bezos has $186 billion in wealth compared to Musk’s $183 billion fortune.
On Saturday, Musk Tweeted that the prices of Bitcoin and ETH “do seem high.”
Bitcoin surged to a record high this week and surpassed $1 trillion market value. Bitcoin rose above $55,000 over the weekend before dropping before $50k and is currently traded at $48,500 at the time of writing the article.
An email saying you have gold is not the same as having gold. You might as well have crypto.
Money is just data that allows us to avoid the inconvenience of barter.
That data, like all data, is subject to latency & error. The system will evolve to that which minimizes both.
— Elon Musk (@elonmusk) February 20, 2021
That said, BTC & ETH do seem high lol
— Elon Musk (@elonmusk) February 20, 2021