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

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

A losing streak for Elon Musk’s rocket maker cut its market value by nearly $1 trillion.

Elon Musk lost about $150 billion in a day as SpaceX fell 16%, while Cathie Wood's Ark Invest bought $32.5 million of the dip.

SpaceX shares plummeted 16% over three days, wiping out $600 billion in market value, shortly after reaching a peak of $225 per share post-listing.

Musk's net worth has dropped from a peak of $1.32 trillion to $1.08 trillion at the time of writing, per the Bloomberg Billionaires Index. The drop—between June 16 and a week…

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly $1 trillion in market value.…

Elon Musk’s fortune suffered a major decline after shares of his space company, SpaceX, extended their sharp sell-off, wiping an estimated $350 billion from his wealth within a…

As technology stocks around the world tumbled and the Nasdaq plunged 1.5% in New York, the rocket and AI firm's shares fell as low as $147 in early trading.

After SpaceX's IPO, Elon Musk's net worth reached new heights, but a tech stock sell-off has has pulled him back to billionaire status.

Rolling coverage of the latest economic and financial news

Continued weakness in SpaceX shares could threaten Musk’s wealth