Elon Musk sent Twitter staff a memo on Thursday confirming job cuts would be announced on Friday.

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Elon Musk's net worth has crashed $124 billion so far this year, per estimates by Bloomberg. Falling Tesla shares have put his fortune at $148 billion, its lowest level since December 2020. Musk's wealth peaked at $340 billion last year. Bernard Arnault has now taken his place as the world's richest person.

Elon Musk's net worth has crashed $124 billion so far this...

Continue Reading Elon Musk's net worth has plummeted $124 billion in 2022, bringing his fortune to a 2-year low