Rolling coverage of the latest economic and financial news

A selloff for Musk’s rocket maker wiped out roughly $900 billion in market value.

Elon Musk became the world's first trillionaire when SpaceX went public. His net worth is dropping as SpaceX shares sell off.

Continued weakness in SpaceX shares could threaten Musk’s wealth

Elon Musk's net worth has dipped below the trillion-dollar mark following a significant slump in SpaceX and Tesla shares. Just weeks after becoming the world's first trillionaire…