The Tesla and SpaceX CEO recently acknowledged his fortune’s decline, calling himself a “former” trillionaire.

Elon Musk’s net worth has taken a sharp hit after a difficult week for Tesla and SpaceX. Here’s what changed.

On June 12, Musk became the first person in the world whose net wealth exceeded $1 following the initial public offering of his company SpaceX, jn June 24, his assets fell to $957…