Musk Declares Himself 'Pre-Rich' After Billion-Dollar Loss

Binance's Changpeng Zhao (CZ) recently reacted to Elon Musk's joke about losing his trillionaire status.

CZ joined in on the humor, describing Musk as 'pre-rich' after a record launch by SpaceX saw its stock price drop.

Musk had joked that he was a '(Former) Trillionaire', but CZ gave this label a new definition, saying it's a sign of being 'pre-rich'. Although the news about Musk losing over $100 billion from his net worth had earlier sparked pitiful discussions across the social space, his recent jokes suggest he is not entirely bothered about the decline.