After a SpaceX rocket exploded, investors offloaded Tesla shares and Doge hit legal roadblocks, the world’s richest man saw his fortune sink by $100bn
Elon Musk began the week of 10 March with a friendly sit-down interview on Fox Business to talk about his work with the so-called “department of government efficiency” (Doge) and the state of his businesses. Already, it had been a trying few days for the world’s richest man, who was facing a Tesla stock selloff and fierce backlash over his attempts to radically overhaul the federal government. His net worth declined over $22bn on Monday alone.
After Musk jokingly brushed off initial questions about the mounting pressure, host Larry Kudlow asked the Tesla and SpaceX CEO how he was managing to run his numerous companies amid the chaos.
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