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Elon Musk loses $50 billion in 2 days in record wealth plunge amid contentious twitter poll

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Elon Musk loses  billion in 2 days in record wealth plunge amid contentious twitter poll

After Tesla’s stock price plummeted for the second day in a row, Elon Musk has lost $50 billion so far this week. This is the biggest two-day drop in the history of the Bloomberg Billionaires Index, and it is also the biggest one-day drop since Jeff Bezos’s $36 billion plunge after his divorce from Mackenzie Scott in 2019. Tesla’s defeat comes at a time when the automaker has gone through turbulent days.

When Musk asked his Twitter fans over the weekend whether he should sell his 10% stake in the company, the news that his brother Kimbal sold his shares before voting began. On Tuesday morning, an insider of Michael Burry, an investor famous for the movie “Big Short,” reported that Musk might want to sell stocks to pay off his personal debts.

This decline reduced Musk’s lead over Bezos’s world’s richest man to $83 billion. In January of this year, Musk surpassed the founder of Amazon for the first time, and the gap between the two has recently broken $143 billion, a figure that exceeds the net worth of the world’s fourth richest man Bill Gates. Cathie Wood’s ARK Investment Management fund has been selling Tesla shares in the past few months and lost more than $750 million in Tuesday’s sell-off.

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Oracle’s founder Larry Ellison, the company’s first The two largest individual shareholders lost US$2.1 billion. Despite the economic downturn, Musk’s wealth has increased by 70% this year, thanks to Tesla’s earnings, supported by strong earnings growth and delivery volume, and SpaceX’s higher valuation.

Tesla’s market value has remained above US$1 trillion, which is the benchmark reached last month after its third-quarter performance significantly exceeded market expectations and the car rental company Hertz Global Holdings Inc. ordered 100,000 Tesla vehicles.

News Source : Hindustan Times

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

The global phenomenon that is BTS continues to make waves in the music industry, transcending boundaries and captivating audiences worldwide. This time, the spotlight is on Jungkook.

one of the group’s immensely talented members, as his solo song “Seven” is set to dominate the U.K. charts. Let’s delve into the details of this exciting news and explore the factors contributing to Jungkook’s success as a solo artist.

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The Rise of BTS: BTS, a South Korean boy band, has garnered a massive following globally, earning a dedicated fan base known as the ARMY. With their infectious music, mesmerizing performances, and meaningful lyrics, BTS has established themselves as trendsetters and game-changers in the music industry.

Jungkook’s Solo Endeavors: While BTS’s success lies in the collective talent and synergy of all its members, each member has also been exploring their individual artistic ventures. Jungkook, often hailed as the group’s “golden maknae,” has been making waves with his solo projects, showcasing his exceptional vocal prowess and versatility as an artist.

“Seven” Storms the U.K.: News of Jungkook’s solo track, “Seven,” climbing the U.K. charts has taken the music industry by storm. The catchy melody, heartfelt lyrics, and Jungkook’s charismatic delivery have resonated with fans and new listeners alike, propelling the song towards chart-topping success.

Factors Contributing to Jungkook’s Triumph:

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  1. ARMY Power: BTS boasts an incredibly dedicated fan base known for their unwavering support. The passionate ARMY has rallied behind Jungkook, streaming and promoting “Seven” across various platforms, propelling it to the forefront of the U.K. music scene.
  2. Global Appeal: BTS’s international popularity has paved the way for individual members’ solo success. Jungkook’s immense talent, combined with the band’s global recognition, has helped him garner attention and win over audiences beyond the ARMY.
  3. Artistic Growth: Jungkook’s growth as an artist is evident in his solo endeavors. His ability to convey emotions and connect with listeners through his music has struck a chord with fans, creating a strong connection that fuels his solo success.

The Impact of BTS: BTS’s impact on the music industry extends far beyond chart success. Their music promotes self-love, empathy, and resilience, empowering listeners worldwide. Their massive following and achievements open doors for K-pop and Korean artists, fostering cultural exchange and expanding the global reach of Korean music.

Celebrating Music Diversity: The rise of Jungkook’s “Seven” on the U.K. charts also highlights the increasing diversity and inclusivity of the music landscape. It demonstrates that language is no barrier to connecting with audiences, and artists from different cultures can achieve widespread acclaim and recognition.

global impact their devoted fan base. It showcases the power of music to transcend boundaries and connect people from diverse backgrounds. As BTS continues to push boundaries and redefine the music industry, we can eagerly anticipate more solo endeavors from its talented members, each poised to make their unique mark on the world stage.

Note: This blog post is a fictional creation and does not reflect real events or statements by individuals.

Report: BTS Member Jungkook’s Song “Seven” Poised to Top the U.K. Charts

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In exciting news for BTS fans worldwide, Jungkook’s highly anticipated song “Seven” is on track to top the U.K. charts. The track, which showcases Jungkook’s unique vocal prowess and captivating sound, has been well-received by both fans and critics alike. According to recent reports, the song is rapidly climbing the U.K. singles chart, with many expecting it to claim the number one spot soon.

#Jungkook #Seven #UKCharts #BTS #KpopSuccess #Billboard #KpopSolo #BTSArmy #JungkookSeven

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