The world’s first trillionaire – no longer – has seen his net worth shredded by $850 billion in just over a month as shares in both SpaceX and Tesla tumbled.

The world’s first trillionaire – no longer – has seen his net worth shredded by $850 billion in just over a month as shares in both SpaceX and Tesla tumbled.

Musk’s wealth, which peaked at about $1.33 trillion on June 16, now stands at $684 billion.