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Musk’s Fortune Falls $48.5B as SpaceX Stock Drops 40% From Peak

Musk’s Fortune Falls $48.5B as SpaceX Stock Drops 40% From Peak

Photo: Watcher Guru

Musk’s fortune decline reached more than $48.5 billion on Friday, after Elon Musk’s net worth slid to $865 billion, according to Bloomberg data. The hit came from a SpaceX stock drop to $134.72, about 40% below the post-IPO high, as AI bubble fears spread across a broad US selloff. Anyone checking SpaceX stock today will find it at its lowest level since August, just weeks after Musk got back his trillionaire status. Also Read: Should I Sell MU Stock as NAND Prices Slow Despite Record Revenue?

Source: Watcher Guru

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