The world’s richest man has lost nearly $500 billion in thirty days. On June 16, 2026, Elon Musk had a net worth of $1.32 trillion.
Fast forward one month and Musk’s net worth is at $832 billion, according to the Bloomberg Billionaires Index.
Almost all the damage traces to a single holding.
Space Exploration Technologies Corp. (NASDAQ:SPCX) has fallen 45% over the past month, hitting $123.33 after a 5.9% drop Friday, the sixth straight negative session.
Market capitalization slid from $2.69 trillion to $1.64 trillion — more than $1 trillion of value gone since mid-June.
