Musk’s trust sold over 3.5 million shares worth over $3.88 billion in a flurry of trades on Tuesday and Wednesday. The transactions were not marked as 10b5, which means they were not scheduled sales. The financial filings show that Musk is also selling a separate block of shares in his company via a plan that […]
According to a report by Bloomberg Wealth, the $50 billion drop marks the largest ever two-day decline recorded in the history of the Bloomberg Billionaires Index. While Musk still maintains his spot as the world’s richest man, his loss has narrowed the gap between the Tesla CEO and Amazon founder Jeff Bezos, the second richest […]
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