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Business · Video brief

Elon Musk loses trillionaire status as SpaceX and Tesla stock drops

Elon Musk's brief stint as the world's first trillionaire has ended as Tesla and SpaceX stocks plummet. A global selloff, fueled by concerns over interest rates and an AI bubble, has slashed his wealth back to billionaire levels. Despite th...

The Guardian· Jun 24, 2026 · 9:40 PM · 29 views

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Elon Musk's brief stint as the world's first trillionaire has ended as Tesla and SpaceX stocks plummet. A global selloff, fueled by concerns over interest rates and an AI bubble, has slashed his wealth back to billionaire levels. Despite the setback, Musk remains the richest person on the planet, with a potential rebound on the horizon. #ElonMusk #Tesla #SpaceX #StockMarket #Billionaire

Originally reported by The Guardian. Read the full story →

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