Elon Musk loses trillionaire status as global tech rout hits SpaceX
Elon Musk lost his trillionaire status on Tuesday after a brutal global tech rout erased billions from his wealth.
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"For a stock like SpaceX, a lot of decision making might have been emotional and based on the anticipation of huge leaps forward in space exploration and utilisation, but investing should be something treated with clear eyes and patience, even when such huge numbers are involved."
— Elon Musk , Executive
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Elon Musk lost his trillionaire status on Tuesday after a brutal global tech rout erased billions from his wealth.
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August 13, 2026 at 10:00 PMEXCLUSIVE: S&P 500 CEO pay jumps to record as Musk-inspired compensation plans spread - Reuters
EXCLUSIVE: S&P 500 CEO pay jumps to record as Musk-inspired compensation plans spread Reuters
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