Elon Musk has had a challenging week, losing $ 25 billion

Billionaire and philanthropist Elon Musk recently starred in the popular American comedy show Saturday Night Live, where he tried out as a guest presenter. He also announced that he had an autism spectrum disorder. He started a lot of online discussions, but that wasn’t the only thing that got his name on the headlines.

In SNL, he also tried to popularize the cryptocurrency doge, which, however, recorded a drop in price (but is already scratching back to its original values). In addition, Tesla stopped accepting payments in bitcoin, which also saw a drop of about 15%. Although Musk continues to have confidence in cryptocurrencies, he did not want to encourage the use of fossil fuels, which are consumed in mining.

To be clear, I strongly believe in crypto, but it can’t drive a massive increase in fossil fuel use, especially coal

— Elon Musk (@elonmusk) May 13, 2021

According to Business Insider the total value of Elon Musk’s assets has fallen by as much as $ 25 billion as a result of recent events. The assets of billionaire and boss Tesla and SpaceX are now $ 159 billion, according to the billionaire index.

In the meantime, however, SpaceX is doing well. She recently unveiled her plan to test the Starship missile after successfully taking off and landing a prototype for the first time. With this rocket, SpaceX wants to fly to the moon or Mars one day. During previous tests of SN8 or SN9 prototypes, the missiles exploded, the SN10 missile landed, but after a while it exploded and the SN11 missile exploded again shortly before landing.