Elon Musk loses trillionaire status as SpaceX stock crashes

Elon Musk loses trillionaire status as SpaceX stock crashes

Musk No Longer a Trillionaire

Wealth Dips After SpaceX Gains

Elon Musk has lost his trillionaire status just weeks after reaching the milestone. His net worth declined due to SpaceX valuation changes and new restrictions on Tesla shares. SpaceX’s Nasdaq debut had briefly pushed his wealth over $1.1 trillion, but recent losses, particularly from Tesla, have seen his fortune drop to $962 billion, though he remains the world’s richest man.

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