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Elon Musk’s trillionaire status slips as SpaceX shares swing

He is now worth an estimated 962 billion dollars (€848 billion), as of the end of the day on Tuesday, Forbes said....

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Jun 25, 2026

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Elon Musk’s trillionaire status slips as SpaceX shares swing

AI Insight:Elon Musk's net worth has taken a significant hit, slipping below the trillion-dollar mark due to fluctuations in SpaceX shares.

Elon Musk, the billionaire entrepreneur behind SpaceX and Tesla, has seen his net worth drop to an estimated 962 billion dollars (€848 billion) as of the end of the day on Tuesday, according to Forbes. This decline marks a significant setback for Musk, who had previously been valued at over a trillion dollars, a status that few individuals have achieved. The drop in value is largely attributed to the recent volatility in SpaceX's shares, which have been impacted by various market and economic factors. As the CEO of SpaceX, Musk's net worth is heavily tied to the performance of the company, making him particularly vulnerable to fluctuations in the stock market. This development serves as a reminder of the unpredictable nature of the stock market and the challenges faced by even the most successful entrepreneurs in maintaining their wealth and status.