After Losing 40% Of His Net Worth In A Month, Elon Musk Attempts To Raise $4 Billion For Another Company

Elon Musk has just had the worst month of his financial life. His net worth fell from a peak of roughly $1.32 trillion to about $832 billion over the course of a month, a decline of roughly 37%, or about $500 billion, according to Benzinga’s tracking. While the Bloomberg Billionaires Index ticks backward at the fastest pace ever recorded for a single individual, Musk is quietly raising money for the company almost no one talks about. READ MORE