Favorites' Race Within the "Magnificent Seven," a serious battle is taking place. The affairs of the companies involved directly affect the wallets of their owners. The confrontation between two luminaries - Zuckerberg and Musk - is particularly noticeable. The first surpassed the second this month for the first time since 2020, after news that electric car deliveries had decreased. However, he did not hold onto the pedestal for long. This week, the contenders changed places again. This happened after the decline in Meta's NASDAQ: META shares, caused by the company's statement that its sales in the second quarter are likely to be lower than estimates. Mark Zuckerberg's loss eventually amounted to eighteen billion dollars. Musk, on the other hand, increased his fortune by 5.8 billion dollars, bringing it to 184 billion. This is the result of his assurances that he will soon establish the production of a "popular" version of Tesla. As a result, Tesla's NASDAQ: TSLA shares rose by twenty percent in five days. The rivalry between the two alpha billionaires goes beyond the usual competitions of the wealthy. Musk and Zuckerberg have been involved in a long-standing public dispute, which intensified after Meta launched the Threads social media platform, competing with Musk's X. Last year, these big shots even exchanged barbs and expressed readiness to meet in the ring. To charm the public, it is not enough to just wear a t-shirt and jeans. What truly benefits one outstanding businessman does not help the other in the fight against a charmer dressed in an expensive suit.
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