Sexual harassment allegations cost Elon Musk more than $10 billion: Will his wealth continue to decline? – Last Minute Economy News

Musk owns about 47 percent of SpaceX. Last week, the company was estimated to reach a valuation of $125 billion. However, this did not happen. However, Tesla’s stock performance in public markets has the most significant impact on Musk’s wealth. According to the BBC, Musk owns about 15 percent of the company. After the allegations emerged, Tesla’s share price gained 6.4 percent.

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