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Home Breaking News Global News

Elon Musk Loses Trillionaire Status In $500 Billion Market Crash

Financeblog9ja — Leading Global Finance Conversations by Financeblog9ja — Leading Global Finance Conversations
1 month ago
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Elon Musk Loses Trillionaire Status In $500 Billion Market Crash
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Days after making history as the world’s first Trillionaire following the SpaceX IPO, Elon Musk has officially lost his 13-figure title.

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​A massive global tech sell-off triggered a brutal $500 billion market crash, causing both SpaceX and Tesla shares to plummet over 30% from their mid-June peaks.

According to the Bloomberg Billionaires Index, Musk’s net worth has dropped to around $957 billion.

​Despite this market crash, he remains the richest man alive by a wide margin.

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Financeblog9ja — Leading Global Finance Conversations

Financeblog9ja — Leading Global Finance Conversations

Financeblog9ja is an interactive blog Leading Global Finance Conversations. We offer relevant, unbiased and practical content that fosters financial literacy. Our dedicated team of seasoned Finance Experts, Tech-savvy Nerds and Media Professionals are committed to advancing financial literacy, scaling impact and providing policy intelligence for reforms, economic and youth empowerment. For inquiry, please contact info@financeblognaija.com OR +2349063408563.

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