News · 25 June 2026

Elon Musk loses trillionaire status after tech sell-off

Elon Musk briefly hit a trillion-dollar fortune earlier this month but has now fallen back below that mark. His wealth, now valued at $957bn, dropped sharply because of falling shares in SpaceX and Tesla. His fortune is heavily tied to these two companies, with SpaceX making up nearly 80% of his net worth.

By BriefTea Editorial · 25 June 2026 at 2:29

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