The largest in history.. Elon Musk loses $350 billion within a week
The richest man in the world, the American, lost , $350 billion in one week, the largest decline in personal wealth ever recorded, which is the largest individual loss in history.
According to "Arabic"The value of this loss is equivalent to the wealth of a second .
The global financial markets witnessed a violent shock over the past few days, following an intense wave of selling of company shares. "" led by Elon Musk, which has eroded $928 billion of its market value since its historic peak in mid-June.
Market Value
SpaceX is still among the 10 largest companies in terms of market value in the world.
But the company’s profitability also raises questions, as revenues jumped to $18.7 billion in 2025, an increase of 33% on an annual basis, but costs rose at a faster pace. Which led to a net loss of $4.9 billion.
The company officially announced on Monday the launch of a bond issue, through which it hopes to raise $20 billion.
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