Elon musk, others lose $300bn in Trump’s first 100 days
Tech Giants Elon Musk, Jeff Bezos, And America’s Wealthiest Individuals Collectively Lost More Than $300 Billion In The First 100 Days Of President Donald J. Trump’s Second Term, According To Forbes’ Latest Report.
Since January 20, Musk’s Fortune Has Shrunk By More Than $45 Billion, The Largest Individual Decline Among U.S. Billionaires. The Report Said The U.S. Stock Market Posted Its Worst Start To A Presidential Term In 50 Years.
S&P 500 And Dow Jones Industrial Average Were Down Nearly 8% Each Amid A Trade War Fueled By President Trump’s Renewed Focus On Tariffs. 4. Tesla, Owned By Musk, Has Fallen 33% Amid Investor Concerns About Supply Chain Disruptions And His Increasingly Contentious Political Alignments
