Elon Musk lost $10 billion in net worth in a single day after sexual misconduct claims emerged
Tesla founder and CEO Elon Musk lost $10 billion in just a single day after claims of sexual misconduct against him emerged.
He was worth about $212 billion on Thursday, according to the Bloomberg Billionaires Index. .
After news of the allegations broke on Thursday night, his wealth fell to around $201 billion, the index showed
According to Insider's report, SpaceX, the aerospace firm founded by Musk, paid a flight attendant
$250,000 to settle a sexual misconduct claim against Musk in 2018. Musk has denied the claim.
Musk owns around 47% of SpaceX. Last week, the company was estimated to have reached a $125 billion valuation.
But it's a privately-held company, and as such, its valuation doesn't change much from day to day.
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