Elon Musk has had a rollercoaster ride. Musk lost $200 billion off his net worth after becoming the second person ever to be worth $200 billion in January 2021 and seeing the market value of his flagship firm Tesla exceed $1 trillion.
According to Bloomberg, Musk has sold a considerable portion of his Tesla stock, making Space Exploration Technologies Corp., in addition to his 42.2% holding in SpaceX, his most valuable asset.
Tesla shares had dropped to $108.10 as of Jan. 3, 2023 from its Jan. 4, 2022 high of $383.20.