Elon MuskBloomberg L.P.

Elon Musk suffers another day short of trillionaire status; he's merely a several-hundred-billionaire, according to Bloomberg's Billionaires Index.

Elon Musk remains short of trillionaire status, as he is currently classified as a several-hundred-billionaire, according to Bloomberg's Billionaires Index. This marks another day where Musk's wealth does not reach the coveted trillion-dollar mark.

TechCrunch TechCrunch11h ago
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Key Insight
“Elon Musk continues to fall short of achieving trillionaire status. According to Bloomberg's Billionaires Index, he is currently classified as a several-hundred-billionaire.”
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TechCrunchTechCrunch
“Elon Musk is not currently a trillionaire.”
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EARLIER IN THE STORY:
Elon Musk loses trillionaire status as SpaceX and Tesla stocks decline amid global tech rout.
The GuardianThe Guardian
Elon Musk loses trillionaire status as SpaceX and Tesla stocks decline amid global tech rout.

Elon Musk was no longer a trillionaire by the time markets closed on Wednesday.

BloombergForbesGlobal Tech Rout
2026-06-24
TL;DR by CuriousCats.ai
  • Elon Musk was no longer a trillionaire by the time markets closed on Wednesday.
  • As of 4pm ET, Forbes listed Musk’s net worth as $970.2 billion.
  • Musk reached trillionaire status on 12 June after SpaceX’s historic initial public offering.
  • The SpaceX IPO, the largest in history, immediately vaulted Musk’s wealth while also tying it to the company’s stock price.
  • By 16 June, surging investor enthusiasm drove SpaceX shares to a peak of $225.64, pushing Musk's total net worth to a peak of $1.32 trillion.
  • Tech entrepreneur Elon Musk lost his trillionaire status on Tuesday, after becoming the first person to achieve it following SpaceX's public debut.
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