SpaceX stock drop costs Musk trillionaire title

Elon Musk's net worth has decreased to approximately $962 billion, following a 31% decline in SpaceX's stock from its peak, along with the exclusion of restricted shares in Tesla valued at $116 billion from his account. Despite this decline, SpaceX remains his largest asset, with around 4.8 billion shares worth a total of nearly $796 billion. The company's stock has experienced sharp fluctuations in recent days, with a slight rally yesterday after a wave of losses that caused it to lose over $600 billion in market value in just three days. Additionally, SpaceX has raised $25 billion through a bond issuance and continues to expand its investments in the artificial intelligence sector.

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