Elon Musk's net worth falls $130 billion in five days as Tesla and SpaceX shares plummet

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Elon Musk’s net worth dropped by $130 billion over five days as Tesla and SpaceX shares plunged. Tesla stock fell nearly 20% this week, its worst performance since 2022, while SpaceX shares dropped to $115.07, the lowest since its IPO. Altcoins to watch may come under pressure as the Fear & Greed Index indicates heightened market anxiety. Musk, who became the world’s first trillionaire just weeks ago, joked on social media about being a “former trillionaire.”

BlockBeats news, on July 26, according to BIT (bit.com) market data, Tesla's stock fell nearly 20% this week, marking its largest weekly decline since 2022; SpaceX closed at $115.07 per share, the lowest level since its IPO last month. Data from the Bloomberg Billionaires Index shows that Musk's personal wealth evaporated by approximately $130 billion over just five trading days.


Just a few weeks ago, he became the first person in human history to reach a net worth of $1 trillion. Musk himself joked on social media that he is a "(former) trillionaire."

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