SpaceX stock decline reduces Musk's net worth, according to informal post
By
Robert Reich
7h ago· 3 min readenOpinion
Summary
A brief, informal post discussing Elon Musk's financial setbacks, specifically a SpaceX stock price decline that wiped out recent gains and reduced Musk's net worth from trillionaire status to around $900 billion. The tone is gloating and the content lacks depth or verified detail.
Source
bskySpaceX stock decline reduces Musk's net worth, according to informal postrobertreich.substack.comKey quotes
· 4 pulledSpaceX crashed this week and I just got some of the details.
SpaceX's stock price has settled way down. It's not even 10 percent over its initial public offering price.
Which means Musk's bag is down to around $900 billion.
The SpaceX crash wiped out just about all of SpaceX's gains from the last two weeks, which has caused massive headaches for its average investors and initial buyers.
Hi companies aren't worth nearly what he has said they are
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