Elon Musk’s net worth returns to $1 trillion, surging by $88 billion in a single day.
1 days ago
According to Forbes, driven by gains in SpaceX and Tesla’s share prices, Elon Musk reclaimed his spot as a trillionaire on October 21. His net worth increased by approximately $88 billion that day, hitting $1.013 trillion. SpaceX’s share price surged over 10% following the release of its better-than-expected third-quarter results, while Tesla’s rose more than 3%; Tesla was set to announce its earnings after U.S. markets closed the same day. Musk confirmed during SpaceX’s Tuesday evening earnings call that the two companies are exploring a merger. Musk became the world’s first trillionaire on June 12 when SpaceX went public, and has since fallen below and reclaimed the threshold multiple times; he most recently lost the status last week amid a decline in SpaceX’s share price.
If Bitcoin drops below $80,000, total long position liquidations on major centralized exchanges (CEXs) will hit $692 million.
51 minutes ago
Bitcoin falls below $81,000, with a 4.3% drop in the past 24 hours.
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Pump.fun launches EVM limit orders, supporting take-profit and stop-loss functions.
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