{
  "id": 18458033,
  "title": "Elon Musks formue barbert med 690 milliarder – på én dag",
  "url": "https://urgent.news/2026/11/06/elon-musks-formue-barbert-med-690-milliarder-pa-en-dag",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-06T06:18:01.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/boers-og-finans/i/MAx6Wm/elon-musks-formue-barbert-med-690-milliarder-paa-en-dag"
  },
  "original_language": "en",
  "account": "On Thursday, a tumultuous day on Wall Street, Elon Musk entered the trading session with a net worth of $864.6 billion, according to the Bloomberg Billionaires Index. By the end of the trading day, around $74 billion had been wiped off his fortune, equating to over $690 billion in Norwegian krone. In total, nearly $107 billion of Musk's wealth was lost over the two trading days following the U.S. midterm elections. Thursday saw Tesla's stock drop by over 10%, while Space X fell by about 9%. Collectively, the stocks were down by 13.8% and 12.5% respectively over the two days. This marked the worst trading day of the year on Wall Street. The tech-heavy Nasdaq index fell by 5.52%, while the broader S&P 500 index ended down by 4.36%. Musk had earmarked large sums for the Republicans. The New York Times estimates that he spent $474 million, around $4.4 billion, on Republican candidates and political groups during the election period, making him the largest single donor in the midterms. A significant portion of that money went to Texas, where Republicans still lost both the Senate and Governor's races. Democrats made a dramatic upset, taking control of both Congress and the Senate.",
  "summary": "På to børsdager har formuen til verdens rikeste mann krympet dramatisk.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}