Elon Musk's falls out of elite $200 billion club, net worth shrinks
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Tesla and SpaceX CEO Elon Musk's net worth took a hit following Tesla stock's massive drop on Tuesday. Amid a 7 percent crash in Tesla share prices, Elon Musk dropped below the elite $200 billion club that wiped off his net worth by 5.40 percent to $192.7 billion in the list of Bloomberg Billionaires Index. Despite having over nearly $8 billion lopped off his net worth, Elon Musk still stands as the world's richest person.