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Signs of easing tech stock sell-off and Elon Musk's net worth decreases by $113 billion

Fortune · ·by G4L

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  1. 1The tech sell-off may be pausing as Nasdaq futures rose 1.18% and S&P 500 futures rose 0.24% this morning.
  2. 2Elon Musk's net worth decreased by $113 billion as Tesla shares fell 10.77% and SpaceX shares fell 9%.
  3. 3The Magnificent 7 tech stocks lost $1 trillion in market capitalization.

So what's the key point?

The trend of selling tech stocks is stopping and showing signs of rising again. Elon Musk's wealth decreased by $113 billion as Tesla and SpaceX share prices fell.

Source Fortune · View original ↗

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