💼 Business 1d ago · Tom Maloney, Bloomberg

Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout

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Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
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SpaceX pulled off a successful launch last Friday evening at its Starbase facility in South Texas, sending its Starship rocket into orbit. It hasn’t stopped Elon Musk’s fortune from falling back to Earth. 



The world’s first trillionaire is now poorer than he was before SpaceX’s initial public offering priced last month, according to the Bloomberg Billionaires Index.



Musk’s wealth, which peaked at about $1.33 trillion on June 16, now stands at $684 billion. The $600 billion-p

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