
SpaceX stock slide nudges Musk off trillionaire pedestal
Elon Musk’s net worth slipped below $1 trillion after SpaceX’s stock pulled back from its IPO highs, with Forbes Real-Time Billionaires estimating around $956.5B (Bloomberg about $957B). The drop comes as SpaceX’s shares retreat from their peak following a report of a planned $20B bond sale, raising questions about cash flow for the capital-intensive company; Musk still owns roughly 40% of SpaceX and about 12% of Tesla.
