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BusinessNews

Elon Musk’s net worth drops $12B, Tesla shares suffer substantial loss

By GRUNGECAKE INC
July 24, 2025 1 Min Read

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According to a Forbes article published today (July 24), the world’s richest person has suffered a substantial loss. Elon Musk’s net worth has taken a twelve billion dollar hit since Tesla’s shares nosedived. The South Africa-born entrepreneur hasn’t addressed the news about his loss yet, but based on recent history, we are sure others will have plenty to say about his financial loss. Stay tuned and share this information with a friend.

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GRUNGECAKE INC

The name "GRUNGECAKE" reflects the joining of two extremes: "Grunge" represents the grit and struggle of an artist's journey, whilst "Cake" represents the ultimate goal of success. The platform has been recognised by major outlets such as The New York Times, Billboard, Complex, and more. All articles are posted by admin or are sponsored posts.

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