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✉news ScienceSpace first seen 10 h ago, last 34 min ago, peak #11

Musk Loses Trillionaire Status As Tesla And SpaceX Shares Fall

Original: Musk Loses Trillionaire Status As SpaceX And Tesla Drop Wipes Out $36 Billion

Elon Musk has dropped below the trillion-dollar mark after a market rout in Tesla shares and a decline in the valuation of SpaceX wiped out roughly $36 billion of his fortune, according to Forbes. The losses knock Musk out of the small club of trillionaires, and investors are watching whether Tesla's stock slide continues and how it affects his other ventures.

Why now: A sudden $36 billion swing removing the world's most-watched billionaire from trillionaire status draws immediate attention.

Elon MuskTeslaSpaceXForbes

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