Elon Musk lost his trillionaire status following a sharp decline in the share prices of his aerospace and tech companies. While his paper fortune briefly peaked at around $1.45 trillion shortly after SpaceX went public in June 2026, widespread tech sell-offs and a 30%+ drop in SpaceX shares have since brought his estimated net worth down to approximately $856 billion.Despite falling below the trillion-dollar threshold, Musk comfortably remains the world's richest person, with a fortune that continues to dwarf the wealth of his nearest rivals.
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