Billionaire Elon Musks wealth tumbles a staggering £37bn in just two days

Elon Musk has reportedly lost a whopping $50 billion (£37bn) after shares of his company plummeted in just two days this week.

The SpaceX CEO saw his fortune plunge after he asked his millions of followers whether he should sell 10% of his shares in Tesla on November 6.

In a Twitter poll, he said: "Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. Do you support this?"

The popular poll saw 57.9% of people say that he should sell the percentage of his stake, while 42.1% urged him to keep his stock.

In a follow-up tweet, the entrepreneur vowed to "abide by" the results "whichever way it goes".

He added: "Note, I do not take a cash salary or bonus from anywhere. I only have stock, thus the only way for me to pay taxes personally is to sell stock."

It comes after he promised to sell enough Tesla stock to "solve world hunger" – if the UN can prove where the money will go.

Earlier this month, UN food programme chief David Beasley told CNN that a 'one-off' payment would help 42 million people who are suffering from starvation.

Musk previously wrote on Twitter: "If WFP [World Food Programme] can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.

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"But it must be open source accounting, so the public sees precisely how the money is spent."

In response, Beasley said the figure will not solve world hunger but "will save 42 million people on the brink of starvation."

"I can assure you that we have the systems in place for transparency and open source accounting. Your team can review and work with us to be totally confident of such," he said.

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"Let's talk: It isn't as complicated as Falcon Heavy, but too much at stake to not at least have a conversation.

"I can be on the next flight to you.

"Throw me out if you don't like what you hear!"

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