Billionaire

Billionaire ‘s glamorous £50 million private jet landed at Luton Airport on Friday afternoon before a black Mercedes Benz chauffeured passengers away.

The arrival of the Tesla founder and CEO’s jet in Britain comes after it was revealed the electric car company recently sold £200 million worth of , before Musk announced it would not accept the cryptocurrency for purchases.

According to the account @ElonJet, which tracks Musk’s private plane using flight data, it departed from San Jose in at around 7:30am GMT, before arriving at Luton airport at around 4:30pm.

While the jet and the Mercedes were pictured at the airport, it remains unclear whether Musk himself is paying a visit to the UK. 

The jet is sometimes used by other senior employees of the world’s third richest man.

Billionaire Elon Musk's glamorous £50 million private jet landed at Luton Airport on Friday afternoon before a black Mercedes Benz chauffeured passengers away

Billionaire Elon Musk’s glamorous £50 million private jet landed at Luton Airport on Friday afternoon before a black Mercedes Benz chauffeured passengers away

Pictured: A black takes passengers from Elon Musk’s private jet away from Luton Airport on Friday afternoon, after it touched down at around 4.30 pm

According to the Twitter account @ElonJet (pictured), which tracks Musk's private plane using flight data, it departed from San Jose in California at around 7:30am GMT, before arriving at Luton airport at around 4:30pm

According to the Twitter account @ElonJet (pictured), which tracks Musk’s private plane using flight data, it departed from San Jose in California at around 7:30am GMT, before arriving at Luton airport at around 4:30pm

On Wednesday, Musk’s announcement that US electric car giant Tesla would no longer accept Bitcoin as a payment for its electrical vehicles due to environmental factors led to the cryptocurrency to take a deep dive. 

The announcement caused a huge 17 percent drop in the price of the world’s largest cryptocurrency, but it recovered slightly during the day.  

On Friday evening, the value of Bitcoin stood at around $50,000 (£36,000), after sitting at around $56,000 on Wednesday before Tesla’s announcement.

Musk’s revelation, which followed months of him boasting of his and Tesla’s investment in Bitcoin, initially saw the coin’s price plunge wipe off an estimated $365 billion from the entire cryptocurrency market.

Tesla had bought about $1.5 billion worth of Bitcoin back in February around the time it announced it would accept the coin as payment, bitcoin private key finder according to a Securities and Exchange Commission filing. 

But despite his announcement, it was recently revealed that Tesla had sold $272 million (around £192 million) worth of Bitcoin in the first business quarter of 2021, making up $101 million of the company’s overall Q1 earnings.

The arrival of Musk's (pictured) jet in Britain comes after it was revealed the electric car company recently sold £200 million selling Bitcoin, before Musk announced it would not accept the cryptocurrency for purchases

The arrival of Musk’s (pictured) jet in Britain comes after it was revealed the electric car company recently sold £200 million selling Bitcoin, before Musk announced it would not accept the cryptocurrency for purchases

According to Scott Galloway, an public speaker and advertising expert, this made up 23.1 percent of Tesla's $438 million earnings in Q1

According to Scott Galloway, an public speaker and advertising expert, this made up 23.1 percent of Tesla’s $438 million earnings in Q1

According to Scott Galloway, an public speaker and advertising expert, this made up 23.1 percent of Tesla’s $438 million earnings in Q1. 

Had it not been for the sale of its Bitcoin, the company would have missed out on its earning target for the quarter,  on Friday.

Musk’s Gulfstream G650ERwas built in 2015, with Musk receiving it in 2016.The ‘ER’ stands for Extended Range, meaning it can travel long distances without stopping. 

His net worth also took a nosedive this week after he said that the Tesla would no longer accept Bitcoin payments, kredite.pw and also after he said Bitcoin’s rival cryptocurrency ‘Dogecoin’ was a ‘hustle’.

The South African also featured on America’s Saturday Night Live last week, and his net worth dropped by around $20 billion after his television appearance and cryptocurrency comments,