Elon Musk's net worth has fallen below one trillion dollars recently. SpaceX shares experienced a significant decline after their initial public offering. This market shift reflects a demand for AI profits over future promises. Musk's wealth contraction coincides with Tesla's India expansion plans. Starlink's launch in India remains stalled due to regulatory and security concerns.

SpaceX stock price has dived to a record low this year, with Elon Musk's net worth plunging by $407 billion in the last few weeks.

Elon Musk's net worth has fallen below one trillion dollars recently. SpaceX shares experienced a significant decline after their initial public offering. This market shift…