Elon Musk loses 'trillionaire' status as SpaceX, Tesla shares fall
SpaceX's IPO briefly made Elon Musk the world's first trillionaire, but a sharp sell-off in SpaceX and Tesla shares erased that valuation. The market rout removed more than $150 billion from his paper fortune in a single day and pushed his net worth back below $1 trillion to about $970.2 billion, Forbes reported at the close. Tesla's share weakness alongside volatile pricing for newly public SpaceX highlights how concentrated equity stakes can cause rapid swings in headline wealth rankings and investor sentiment.
NEWS: Republicans erupt in the Senate and scream at Trump—they refused to call him Mr. President as he causes them issues. Trump pushes to institutionalize disabled Americans. Elon Musk loses trillionaire status. DOJ quietly allows Blanche to take full control over prison placements.
It's a rough day. Trump isn't called Mr. President and Muskrat is no longer a trillionaire. 🎻 😂
If only there was a way for congress to stop trump.
The disabled were the first victims of Hitler's nazi regime. Ironic that trump is disabled by his dementia and malignant narcissism.
News Rank Good Rep v DJT/MAGA civil war Okay Musk demoted to billionaire Bad --- Fkn Bad Trump confirming he's a PoS DoJ kissing Blanche's ass
Elon Musk Threatens To Sue Rep. Khanna For… Citing The Lancet About How DOGE Cuts Will Likely Lead To Millions Of Deaths We've been pointing… https://www.techdirt.com/2026/06/24/elon-musk-threatens-to-sue-rep-khanna-for-citing-the-lancet-about-how-doge-cuts-will-likely-lead-to-millions-of-deaths/
He can't handle the truth.
The “facts don’t care about your feelings” crowd certainly hates confronting the facts around their own actions
LFG! Discovery would be best possible thing for history, accountability, putting anything right again Asking a lot of Khanna, but, fuckit, regular Americans are putting themselves through that and it’ll be a minor inconvenience — relatively speaking —for him to pick up this sword and join the fight
Discovery is going to be a such fun!