How the Elon Musk going to be bankrupt?

According to the latest list of forbes(official page). The Elon Musk have fallen to the 2nd position of richest persons in the world.

Why is it so?

The first reason is that Elon Musk who teases the company twitter before buying it, had bought the twitter for the value of 44 billion dollars. And this amount effects so much to his

total net worth and to recover this amount he started a system in which one has to pay for the official tickmark in a particular twitter account.

The 2nd major reason is, you have heard in these days that Elon Musk tries to fire some of the employees of twitter and our Indian ceo Parag Agrawal is one of that employees. And after hearing the news that the management of twitter is disturbed, the shareholders started to put out their money from the shares of twitter. And if it will continue, the Elonmusk will be on verge to sell the shares of tesla as well.

If you think there may be other reason for the Elonmusk downfall, just leave a comment.

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Author: Harshit Gangwani

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