On December 12, according to the Bloomberg Billionaires Index, Musk's net worth rose by about 50 billion dollars to $439.2 billion. Musk's net worth fell by more than $200 billion at one point in late 2022, but after Trump won the election last month, Musk's value as his top gifter immediately soared. On Wednesday, SpaceX and its investors agreed to buy $1.25 billion worth of shares from employees and other company insiders. The deal values the private space exploration company at about $350 bil...
On June 25th, Nvidia's share price fell on Monday and is entering a correction zone after being sold off sharply recently. The stock is heading for a three-day losing streak. It has fallen 12% in three trading days, and more than 10% represents entering the correction zone. The chip sector was also dragged down, with the Philadelphia Stock Exchange Semiconductor Index falling 2.2% at one point. Broadcom, TSMC and Qualcomm all fell at least 2%. The three-day decline wiped more than $400 billion o...