Elon Musk Loses Trillionaire Status As SpaceX Slide Cuts Net Worth By $50 Billion

By Forbes Breaking News

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Elon Musk on Wednesday lost his trillionaire status as sliding SpaceX shares lowered his fortune by more than $50 billion, the latest stock decline for the rocket maker despite newfound optimism from one of the best-known analysts of Musk’s Tesla. READ MORE: https://www.forbes.com/sites/tylerroush/2026/07/01/elon-musk-loses-trillionaire-status-as-spacex-slide-cuts-net-worth-by-50-billion/ Stay Connected Forbes Breaking News on X: https://x.com/ForbesTVNews Forbes Breaking News on TikTok: https://www.tiktok.com/@forbestvnews More From Forbes: http://forbes.com

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