Elon Musk drops $20B in net worth since hosting SNL

Did Elon Musk destroy his empire by hosting Saturday Night Live? Well, he hasn't had a good week, that's for sure.

Musk's wealth has dropped by more than $25 billion since his SNL gig, dropping from $184 billion to $159 billion in just four days.

Reasons include Musk's unexpected announcement that Tesla would no longer accept Bitcoin because of environmental concerns - which sent both Tesla and Bitcoin prices plummeting. Tesla is also dealing with a new investigation into a fatal crash involving one of its self-driving vehicles.

Not that Musk will be hitting the unemployment line anytime soon - he's still considered the third-richest person on the planet, behind Jeff Bezos and Bill Gates.

Photo: Getty

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