's wealth dramatically nosedived by $13 billion in just 24 hours after the entrepreneur suffered a series of business blunders. On the same day the founder's blockbuster rocket launch ended in a disastrous fireball, his electric car company, , reported disappointing first quarter results, with shares dropping by 9.75 percent and earnings plummeting by over 20 percent. Musk's failure to launch also extended to his recent acquisition of , as he sparked backlash after finally following through with his threat to remove 'legacy' verified blue ticks.
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