Elon Musk Calls Himself Former Trillionaire
Elon Musk lost his status as the world's first trillionaire after a sharp decline in SpaceX and Tesla stock prices, which he acknowledged on social media. His net worth dropped from a peak of $1.45 trillion to around $725 billion within a month.
Consensus
- Elon Musk acknowledged he is no longer a trillionaire.
- Musk's net worth exceeded $1 trillion after SpaceX's IPO on June 12.
- SpaceX's stock price dropped by approximately 50% from its peak.
- The decline in SpaceX's stock price contributed to a significant drop in Musk's net worth.
- Musk remains the wealthiest person in the world despite the loss of trillionaire status.
- Musk made the comment on his social media platform X.
Points of divergence
- Musk's net worth dropped below $1 trillion, with a loss of $118 billion, according to Bloomberg. — vedomosti
- Forbes data shows Musk's net worth fell from $1.45 trillion to $725 billion, a reduction by half. — vm
- Musk's net worth peaked at $1.45 trillion, and he lost approximately $130 billion in seven days. — vesti
- Tesla's market value dropped by $214.5 billion in one day due to disappointing financial reports. — vm
- Tesla's stock fell 18% in one week, marking its worst weekly decline since 2022. — vesti
- SpaceX's IPO was on June 12, with shares priced at $135 and 555,555,555 shares issued. — vedomosti
- SpaceX's IPO price was $135 per share, with 555,555,000 shares issued. — vm
- SpaceX's stock reached a peak of $225.64 on June 16. — vesti
- SpaceX's stock was trading at $114 per share at the time of publication. — m24
- SpaceX's stock was trading around $114 per share at publication. — vesti
- Musk recently called for the U.S. government to directly distribute money to citizens. — vm
- The son of Lukoil's founder, Yusuf Aliev, became the richest Russian heir with $560 million. — m24
Coverage (4 sources)
- Elon Musk calls himself a 'former trillionaire' — Ведомости
- Elon Musk admits he was a former trillionaire — Вечерняя Москва
- Elon Musk calls himself a 'former trillionaire' — Вести
- Musk lost billionaire status after SpaceX stock collapse — Москва 24
Key entities
- Elon Musk
- SpaceX
- Maska
- Nasdaq
- Bloomberg
- X
- X
- Tesla
- Forbes
- Moscow25 July News
- TASS/AP Photo/Godofredo A. Vasquez
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