Market concerns over an artificial intelligence (AI) bubble, along with uncertainty over interest-rate hikes, drove a sharp drop in SpaceX (SPCX) shares this week, according to Ming Pao.
The decline dragged Elon Musk’s wealth to below $1 trillion, though he still retained his position as the world’s richest person, the report said.
AI Bubble Worries, Rate-Hike Fears Send SpaceX Shares Down; Musk Wealth Falls Below $1T
2026-06-24 06:00:23
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