The biggest technology companies in the world have lost over $1 trillion in value in just the past 3 trading days. Most stocks have fallen ever since the Federal Reserve made a move, but the tech section has taken the biggest hit. Apple, the most valuable publicly traded company in the world, has lost $220 billion from its market cap since trading closed on Wednesday. Microsoft has lost $189 billion in value, Tesla lost $199 billion, Amazon lost $173 billion, Alphabet, Google’s parent company, lost $123 billion, and Meta, Facebook’s parent company, lost $70 billion. According to Forbes’ Real Time Billionaires list, Elon Musk, CEO of Tesla, has a net worth of $237.1 billion currently, down from his peak of 250 billion+. Jeff Bezos currently has a net worth of $134 billion, down from his net worth of $190 billion+.
