How Elon Musk lost 15 billion dollars in a single day
News - Feb 25, 2021
Only several days ago, on February 16, the bitcoin value leapt to the record-high USD 50,000. Before this dive, its value rose by 72% since the beginning of 2021.
A surge and popularity of bitcoin are also a result of growing demand among large investors, many of whom saying that they would start accepting it as a means of payment.
As a result, Musk is no longer the wealthiest man in the world, Bloomberg estimates.
‘Tesla’ shares dropped by more than 20% after the collapse of bitcoin, which now stands at USD 45,000 (RSD 4,751,354.94).