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The Independent UK
The Independent UK
Business
Simon English

Elon Musk is no longer a trillionaire as fortune drops after SpaceX sell-off

Elon Musk’s reign as the world’s first trillionaire was remarkably short-lived. Less than two weeks after making history, a sharp sell-off in SpaceX and Tesla shares pushed his fortune back below the $1 trillion (£760bn) mark.

According to the Bloomberg Billionaires Index, Mr Musk’s net worth has fallen to around $957bn, ending his brief stint as the only person in history with a 13-figure fortune.

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