Elon Musk's fortune dips by $13 billion in just 24 hours

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Elon Musk's fortune dips by $13 billion in just 24 hours
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His companies SpaceX, Tesla and Twitter made the news, but not much money.

As a result, Musk's personal wealth, which is directly impacted by the price of publicly held Tesla stock fell by $12.6 billion, and was estimated to be around $163.9 billion, far behind Louis Vuitton chairman and CEO, Bernard Arnault. The two billionaires have been jostling for the top spot since December last year, but Arnault seems to have taken a sizeable lead now that his personal fortune is estimated to be around $211 billion.

Under Musk's leadership, only Twitter Blue subscribers who pay $8 a month for premium services can now get the coveted blue tick on the platform. Popular social icons and celebrities who chose not to subscribe have now begun to lose their blue ticks on the platform, with many announcing that they will no longer post on the platform as they can now be impersonated easily.

Microsoft co-founder Bill Gates is among those whose handle is without a tick, alongside many journalists and politicians who chose not to subscribe to Twitter Blue. Companies and organizations need to cough up $1,000 a month for the same service, a move many offices have slammed, according to

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