Elon Musk’s net worth plummeted by $10 billion in a single day after claims of sexual misconduct against him emerged earlier this month.

Musk was worth approximately $212 billion on Thursday morning, 19 May, but by that evening his wealth had dropped to around $201 billion.

A flight attendant reportedly accused Musk of exposing his erect penis to her, rubbing her leg without consent and offering to buy her a horse in exchange for an erotic massage.

Musk was quick to refute the allegations on social media, tweeting: “For the record, those wild accusations are utterly untrue."

He also told Insider the story was a ‘politically motivated hit piece’ when the outlet approached him for comment.

Musk wrote: "If I were inclined to engage in sexual harassment, this is unlikely to be the first time in my entire 30-year career that it comes to light."

In the unnamed flight attendant’s declaration, which was signed by a friend, she alleged Musk asked her to come to his room during a flight in 2016 for a ‘full body massage’.

She arrived to find Musk ‘completely naked except for a sheet covering the lower half of his body’ and said that during a massage he ‘exposed his genitals’ and ‘touched her and offered to buy her a horse if she would 'do more'.'

SpaceX president Gwynne Shotwell promised the company would ‘rigorously investigate all harassment or discrimination claims’.

UNILAD has reached out to Musk's representatives for comment.

On Friday, 20 May, Musk seemingly made light of the situation when he sent YouTube co-founder Chad Hurley a tweet that read: “Hi Chad! Fine, if you touch my wiener, you can have a horse.”

Musk is famously intending to buy Twitter at some point in the near future.