Tom MaloneyAug 1, 2026 – 7.57amSpaceX pulled off a successful launch on July 24 at its Starbase facility in South Texas, sending its Starship rocket into orbit. It hasn’t stopped Elon Musk’s fortune from falling back to Earth.The world’s first trillionaire is now poorer than he was before SpaceX’s initial public offering priced last month, according to the Bloomberg Billionaires Index.BloombergSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles