World record: Elon Musk loses the most personal wealth of all time

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As of November 2021, the tech billionaire has lost $182 billion. Also: The boom in laptops and PCs is over and Bosch is investing one billion US dollars in China.

Elon Musk in the Tesla Gigafactory Grünheide near Berlin.
picture alliance/Patrick Pleul, dpa

Good morning! While you slept, work continued elsewhere in the digital scene.

The top topics:

Elon Musk made it into the Guinness Book of Records, albeit with a negative record. The London firm announced its world record for the largest loss of personal wealth of all time. According to this, the tech billionaire has lost around 182 billion US dollars since November 2021, other sources speak of up to 200 billion dollars. The net worth of the boss of Twitter, Tesla and SpaceX “Has fallen from a peak of $320 billion in 2021 to $138 billion in January 2023, largely due to the poor performance of Tesla stock,” the statement said. According to the Guinness Book of Records, the exact loss in value is “almost impossible to determine”.

Musk’s loss surpassed the previous record of $58.6 billion set by Japanese tech investor Masayoshi Son in 2000. In December, the Tesla boss had already lost his title as the richest person in the world. [Mehr bei The Guardian]

On the founding scene: Did you know that Lea-Sophie Cramer spends an average of 55,000 euros when she invests in a tech company? No? We thought so. Therefore, we have created a list for you and evaluated which known ones Business Angels usually how much money to put into a startup. [Mehr bei Gründerszene+]

And here are the other headlines of the night:

The worldwide PC paragraph experienced a record slump in the fourth quarter of 2022. According to figures from the consulting firm Gartner, sales fell by 28.5 percent to 65.3 million units. The boom in laptops and desktop PCs triggered by the pandemic is over. According to Gartner data, remains Lenovo the world’s largest PC supplier, with an unchanged market share of 24 percent HP and Dell. [Mehr bei Handelsblatt]

Bosch invests around 950 million euros in a new center for research, development and production in China. The investment in Suzhou is the second largest single investment in the company’s history after the chip factory in Dresden. “This is an important step on the way to future mobility in the world’s largest car market,” said Bosch boss Stefan Hartung. 10,000 people already work in Suzhou, producing components for electromobility and automated driving. [Mehr bei Bloomberg und Handelsblatt]

Hewlett Packard Enterprise (HPE) has the startup Pachyderm acquired, whose software helps machine learning engineers manage data. The terms of the deal and the purchase price were not disclosed. The purchase reflects the trend that more and more companies want to analyze the data they generate in order to develop machine learning-based applications. [Mehr bei The Information und Techcrunch]

TSMC anticipates a drop in sales. Revenues are expected to fall in the current quarter for the first time in four years, by up to five percent year-on-year. With the message he sends Apple-Suppliers send a red flag to the global economy. Demand for smartphones and notebooks is currently falling. [Mehr bei Handelsblatt und Wall Street Journal]

SpaceX could launch its Starship rocket as early as February or March. CEO-Elon Musk first shared the launch goal last week. On Thursday, the space company tweeted that the first flight test will take place “in the coming weeks” after the company completes some final testing. If all goes as planned, the upcoming test could be the first time the giant rocket has reached orbit. The Starship rocket wants to take people to the moon. [Mehr bei The Information]

Our reading tip on Gründerszene: “I couldn’t pay the rent anymore”. The former enlisted man Marcus Zanatta ended up on the street at times. To get back on his feet, he founded a startup. [Mehr bei Gründerszene]

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Happy Friday!

Your Gründerszene editors

Source: https://www.businessinsider.de/gruenderszene/business/weltrekord-elon-musk-verliert-das-meiste-privatvermoegen-aller-zeiten/

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