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Trillionaire No More. SpaceX Collapse Loses Elon Musk $600 Billion in One Month

Covered by 2 sources · 2 articles

2 outlets - including Cryptopolitan and Yahoo - are covering this story. Elon did not lose $600 billion from a bank account. The number vanished because most of his fortune sits in shares. When SpaceX (NASDAQ: SPCX) jumped after its public listing, the value of his stake pushed his estimated wealth above $1.3 tr…

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How did Elon Musk lose $600 billion as soon as he got them? Will he ever actually be a trillionaire?
Cryptopolitan Jul 26, 03:03 UTC

How did Elon Musk lose $600 billion as soon as he got them? Will he ever actually be a trillionaire?

Elon did not lose $600 billion from a bank account. The number vanished because most of his fortune sits in shares. When SpaceX (NASDAQ: SPCX) jumped after its public listing, the value of his stake pushed his estimated wealth above $1.3 tr…

Yahoo Finance News Jul 25, 16:03 UTC

Trillionaire No More. SpaceX Collapse Loses Elon Musk $600 Billion in One Month