ELON MUSK’S $21 BILLION HIT
Elon Musk’s fortune took a massive $21 billion hit in a single morning as SpaceX shares slid around 2%.
The pressure came after reports that SpaceX is seeking roughly $40 billion in financing to acquire Nvidia AI chips — around $30B in investment-grade debt plus $10B in bank loans.
A reminder of how quickly billionaire fortunes can swing when market valuations move.
#ElonMusk #SpaceX #Nvidia #AI
Elon Musk’s fortune took a massive $21 billion hit in a single morning as SpaceX shares slid around 2%.
The pressure came after reports that SpaceX is seeking roughly $40 billion in financing to acquire Nvidia AI chips — around $30B in investment-grade debt plus $10B in bank loans.
A reminder of how quickly billionaire fortunes can swing when market valuations move.
#ElonMusk #SpaceX #Nvidia #AI