Elon Musk
Billionaire Elon Musk’s fortune has plummeted as the SpaceX stock continues its sell-off, wiping out all the gains the company had made since its initial public offering. 
The selling pressure, which wiped out nearly $152 billion from Musk’s net worth on Monday alone, has pushed Forbes’ estimate of his net worth down from an all-time high of $1.45 trillion to just under $1.1 trillion, though he still retains his “trillionaire” status.
This comes after SpaceX shares suffered losses for the third consecutive session, shedding more than 31% of their value since reaching a peak of $225.64 on June 16.
Elon Musk
Billionaire Elon Musk’s fortune has plummeted as the SpaceX stock continues its sell-off, wiping out all the gains the company had made since its initial public offering.
The selling pressure, which wiped out nearly $152 billion from Musk’s net worth on Monday alone, has pushed Forbes’ estimate of his net worth down from an all-time high of $1.45 trillion to just under $1.1 trillion, though he still retains his “trillionaire” status.
This comes after SpaceX shares suffered losses for the third consecutive session, shedding more than 31% of their value since reaching a peak of $225.64 on June 16.
