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Story summary
- Bloomberg Billionaires Index reported Elon Musk’s net worth at $946 billion on June 25 2026, down from $1.1 trillion after SpaceX’s market debut.
- SpaceX shares dropped more than 30% from their June 12 2026 peak.
- FOX Business reported that a June 22 2026 16% slide erased $240 billion from Musk’s wealth.
- Tesla shares fell nearly 6% on June 23 2026 after the SpaceX slide.
- The Los Angeles Times reported that investors sold AI-related stocks as profitability doubts grew.
