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Elon Musk loses trillionaire status as net worth drops

Elon Musk loses trillionaire status as net worth drops

SpaceXfounder Elon Musk has lost his trillionaire status after a decline in his aerospace company’s valuation, and new restrictions on his Tesla shares reduced his net worth. Mr Musk is now worth an estimated $962 billion as of Tuesday, according to Forbes. On 12 June, Mr Musk’s net worth rose to an...

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Verified on Jun 24, 2026

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