Elon Musk is no longer a trillionaire. His net worth has fallen to $957 billion. The Bloomberg Billionaires Index, a real-time wealth tracker, recorded the drop as of 23 June 2026.
The sharp decline erases a milestone that Musk had held for fewer than two weeks. On 12 June, shares of SpaceX began trading on public markets at valuations that briefly pushed his fortune above $1 trillion for the first time in history. The IPO priced 555.6 million shares at $135 apiece, giving SpaceX an opening valuation of $1.77 trillion. Shares subsequently surged to a post-IPO peak of $225.80 before investors began booking profits.
