Article 6W0QX Tesla stake is no longer Elon Musk’s most valuable asset amid stock market sell-off

Tesla stake is no longer Elon Musk’s most valuable asset amid stock market sell-off

by
Lauren Aratani
from World news | The Guardian on (#6W0QX)

SpaceX, Musk's private rockets and satellites business, is now largest asset for the first time in five years

Elon Musk's vast stake in Tesla is no longer his most valuable asset as the electric car company continues to endure a sharp stock market sell-off.

Musk's stake in SpaceX, his private rockets and satellites business, is now the billionaire tycoon's largest asset for the first time in five years, according to Forbes, which still pegs his net worth at $323bn - more than anyone else in the world.

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