Musk’s Net Worth Falls Below $1 Trillion as SpaceX Share Drop Wipes Out $26.3 Billion
JH Kim
Summary
- Elon Musk’s net worth fell below $1 trillion.
- A drop of more than 3% in SpaceX shares cut the value of his assets by $26.3 billion.
- The decline in Musk’s wealth was driven by a drop in the value of his SpaceX stake.
Forecast Trend Report by Period
Elon Musk’s net worth fell below $1 trillion after a drop of more than 3% in SpaceX shares erased $26.3 billion from his fortune.
On Oct. 13, Musk’s net worth fell below $1 trillion on Tuesday morning as SpaceX shares declined.
SpaceX shares dropped more than 3% that day, cutting $26.3 billion from the value of Musk’s assets.
The decline in his wealth was driven by a drop in the value of his SpaceX stake.
JH Kim
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