Elon Musk’s Fortune Plunges Over $600 Billion Despite SpaceX Starship Success

1 August 2026 · 12:00 1 min read Source: Free Press Journal

Summary

Elon Musk’s net worth has fallen sharply despite SpaceX’s successful Starship launch, with his wealth dropping from a peak of $1.33 trillion to around $684 billion. Declines in SpaceX shares after its IPO and a fall in Tesla’s stock value have contributed to the massive reduction in his fortune

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