This would have been a much better headline back when his net worth was "only" $40bn.

This just shows how dumb our entire world is .... that a single man could win or lose so much imaginary money in a single moment, just because enough of us collectively willed it.

It's another example of why I see modern finances, stock markets and ultra wealth as just our modern day religion.

It's like ancient civilizations ... Babylonians, Sumarians, Egyptians ... we look back at their cultures and see them as backwards for believing in sun gods, god kings and divine entitlements

We're doing the same thing, we just call it the 'stock markets', 'investments', 'corporations' ... and it all only exists because enough of us believe in it. And just like the ancient cultures, if enough people stop believing in it .... then it means nothing and it loses all its power.

Isn't he supposedly a trillionaire these days? $80B is a good start, but it's not nearly enough

It's all imaginary money that never existed in the first place. He lost nothing because he didn't actually have anything to begin with.

Trillionaire loses $80B credit card in couch cushions. Nation celebrates as oligarch experiences rounding error shift in status.

Elon Musk, world's first former trillionaire.

Meme stock based on a bubble.

Couldn't happen to a more deserving guy...

lol

Eighty billions? Those are rookie numbers!

Cybercuck.

All according to plan. Now SpaceX can easier afford to buy Tesla. 😈