Elon Musk's personal assets fell from an estimated 45 trillion yen to 18 trillion yen, retreating to second place in the richest ranking, and Tesla stocks fell by 69% in 2022 as a whole
Elon Musk acquired Twitter for $44 billion in October 2022. After that, Mr. Mask
Elon Musk's Finances Complicated by Declining Wealth, Twitter Pressures - WSJ
https://www.wsj.com/articles/elon-musks-finances-complicated-by-declining-wealth-twitter-pressures-11671834066
Mr. Mask is known as one of the world's leading billionaires, and most of his assets are occupied by shares of companies he founded, such as Tesla and SpaceX. However, Mr. Mask has sold Tesla shares to make up for Twitter's losses, and it was reported that in December 2022, he sold 22 million Tesla shares.
Elon Musk sells Tesla shares worth about 495 billion yen to compensate for Twitter's losses, this is the fourth time since announcing the acquisition of Twitter - GIGAZINE
Tesla's stock price continues to fall as a result of the sale of Mr. Musk's stock and anxiety factors such as ``Mr. % fell. Mr. Mask holds 424 million Tesla shares as of December 23, 2022, but the value of this stock has decreased by more than half since January 2022.
Due to the above-mentioned stock sales and crashes, Mr. Musk's personal assets increased from the peak of $ 340 billion (45.22 trillion yen) to $ 140 billion (18.62 trillion yen) as of December 22, 2022. 100 million yen). The decline has pushed Musk back to second on the list of richest people.
According to the Wall Street Journal, Mr. Mask can borrow up to $ 13 billion (1.73 trillion yen) by collateralizing Tesla shares. However, the Wall Street Journal said, ``(The $13 billion, the maximum amount that can be borrowed against Tesla stock, is the amount that Mr. Musk planned to borrow when he attempted to acquire Twitter in April 2022. , which shows how Musk's ability to borrow has shrunk as a result of the crash in Tesla stock.'
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