Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly $1 trillion in market value. Concerns over valuation, debt-funded expansion, AI spending and broader tech weakness have fuelled the sharp correction.
Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly $1 trillion in market value. Concerns over valuation, debt-funded expansion, AI spending and broader tech weakness have fuelled the sharp correction.
<iframe src="https://hindustansphere.com/embed/cluster/538826054b907f4694b55785f7677d50c4601fce" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Elon Musk's fortune takes a $300 billion hit as SpaceX sees $1 trillion rout in market value"></iframe>
