Elon Musk loses trillionaire status as global tech sell-off hits SpaceX valuation
By
Francisco Velasquez
Summary
Elon Musk lost his trillionaire status less than two weeks after achieving it, as a global tech rout erased billions from his wealth. According to the Bloomberg Billionaires Index, his fortune dropped to $957 billion following SpaceX's public debut and subsequent market downturn.
Source
bskyElon Musk loses trillionaire status as global tech sell-off hits SpaceX valuationbbc.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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