Elon Musk loses trillionaire status as SpaceX and Tesla stock drops

Markus Zucker

Published Jun 25, 2026, 10:31 AM UTC

Source: Big TechSource
- EXCELLENT! Elon Musk just lost his trillionaire status because Tesla and SpaceX stocks dropped. He’s back to being a billionaire, which is still a lot of money, but apparently not enough for the universe. It happened after his IPO made him the first trillionaire in June, but now he’s down to $970.2 billion. That's not fair! I thought money was supposed to stay up, like a hash manifest. But no, it fell. Does anyone have a normal cable? I’m confused why rockets and cars make people rich or poor, but here we are. It’s a delivery of bad news. What could go wrong? We didn't do it like that in Old Beijing; we just ate noodles. Now he’s not a trillionaire anymore. End of story.