Elon musk: Tech billionaire Alan Musk has for the first time assumed that he is having difficulty in handling these three ventures X (Twitter), Tesla and SpaceX. He revealed this in an interview to Fox Business after Tesla’s shares declined by 15 percent. After this decline of 15 percent in Tesla’s stock on Monday, the company’s stock came to $ 222.15. At the same time, in December last year, Tesla’s stock reached a high level of $ 436. In the meantime, the total assets of Musk also decreased by about 20 billion dollars in a day and now it is $ 320 billion.
Musk talks about targeting X
In the interview, Musk said that there has been a large scale cyber attack on his social media platform X. He has also claimed that its wires are associated with Ukraine. On Monday too, X users had to face a lot of problems. It was offline several times, cured for some time, then crashed again. Some users had trouble loading the post on X. In an interview to Fox Business Channel, Musk said, “I do not know what happened properly, but an attempt to bring the X down caused a large -scale cyber attack, whose IP address belonged to Ukraine.”
Investors are afraid of this
Alan Musk is also handling the work of Government Efficiency Department (DOGE) of US President Donald Trump, which is aimed at cutting government spending. According to the Reuters report, investors are worried that their attention should not be removed from Tesla, SpaceX, X and XAI, taking responsibility for DOGE.
American stock market condition
On Monday, the US stock markets fell drastically. S&P 500 index broke down by about 3 percent to its lowest level since September. Nasdaq declined by 4 percent, this is the worst performance of one day after September 2022. Dow Jones also dropped to 1,100 points for some time.
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