Elon Musk's net worth has plummeted nearly 40% in a month, marking a record $500 billion drop as The Boring Company pursues $4 billion in funding.

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

Elon Musk's net worth fell nearly 40% in a month as SpaceX and Tesla slid, while The Boring Company seeks to raise $4 billion at a $20 billion valuation. | Business News