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STOCKS | Musk Jokes About Being a “Former Trillionaire” After Wealth Sinks

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2026-07-26 01:18:11
Tesla shares fell nearly 20% this week to $313.03 per share, their biggest weekly drop since 2022, while SpaceX closed at $115.07 per share, the lowest level since the company’s IPO last month. According to Jin10, Bloomberg Billionaires Index data showed Elon Musk’s personal wealth evaporated by about $130 billion in just five trading days, and Musk joked on social media that he was a “former trillionaire.”
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