Tech entrepreneur Elon Musk lost his short‑lived trillionaire status on Tuesday in New York after a sharp fall in SpaceX and Tesla shares dragged his estimated net worth back below the thirteen‑figure mark, according to the Bloomberg Billionaires Index.
The index, which still ranks him as the world's richest person, puts Musk at about $957 billion, less than two weeks after SpaceX's high‑profile Nasdaq debut briefly made him the world's first trillionaire.
