SpaceX shares closed at $158.65 per share as of June 24, marking a decline of more than 20% from the highs reached shortly after the company's Nasdaq debut. While the majority of Musk’s fortune is tied to his aerospace venture, the entrepreneur remains the primary stakeholder across seven distinct companies, including Tesla and the artificial intelligence firm xAI.
Elon Musk Slips Back Below Trillion-Dollar Valuation
The world's richest man has seen his estimated net worth retreat to $957 billion, effectively ending a brief stint as a trillionaire. According to the Bloomberg Billionaires Index, the decline follows a sharp cooling in SpaceX share prices, which hit a peak of $201.80 on June 16 before retracting.
Despite the retreat, Musk maintains a commanding lead over other prominent tech moguls. His current valuation keeps him hundreds of billions ahead of Larry Page, Jeff Bezos, and Mark Zuckerberg, whose individual net worths range from $200 billion to $297 billion. Market sentiment on the prediction exchange Kalshi suggests investors see Zuckerberg as the most likely candidate to reach the trillion-dollar milestone next, though he would need to quintuple his current holdings to achieve that status.
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