Elon Musk’s net worth took a significant hit as Tesla’s stock prices plummeted in February, resulting in a loss of $62 billion. Despite this, Musk remains the world’s richest person. The decline in Tesla’s stock value was so severe that it wiped out a quarter of the company’s market value. Musk’s wealth had previously surged in December, making him the first person to reach a net worth of over $400 billion.
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