Elon Musk's trillionaire status lost amid global tech market downturn
By
Francisco Velasquez
Summary
Elon Musk lost his trillionaire status less than two weeks after achieving it, following a global tech rout that erased billions from his wealth. According to the Bloomberg Billionaires Index, his fortune dropped to $957 billion after SpaceX's public debut had briefly pushed him past the trillion-dollar mark. The decline reflects broader market volatility in the tech sector.
Source
bskyElon Musk's trillionaire status lost amid global tech market downturnbbc.comKey quotes
· 2 pulledTech entrepreneur Elon Musk lost his trillionaire status on Tuesday, less than two weeks after becoming the first person to achieve it following SpaceX's public debut, according to data from Bloomberg.
The Bloomberg Billionaires Index - updated daily at 17:30 in New York (22:30 BST) - valued his fortune at $957bn (£727b
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