Elon Musk's Net Worth Drops $50 Billion as SpaceX Shares Fall 6% Near Debut Price

Summary

Elon Musk's net worth dropped over $50 billion as SpaceX shares fell more than 6% to just over $150, hovering near their debut price. Tesla shares also dropped nearly 4%. Despite the selloff, Wall Street banks praised SpaceX's potential, with one analyst calling the company's potential impact on humanity "bigger than any company's we've ever seen." Musk holds 4.8 billion shares in the company.

Source

bskyElon Musk's Net Worth Drops $50 Billion as SpaceX Shares Fall 6% Near Debut Priceforbes.com