Elon Musk briefly became the world's first trillionaire in June with a $1.4 trillion valuation, driven by SpaceX's IPO. However, as SpaceX share prices dipped post-IPO, his wealth fell to approximately $997 billion. He remains the richest person globally, but his net worth—largely tied to Tesla and SpaceX valuations, fluctuates frequently with market conditions.
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Why Elon Musk Lost Trillionaire Status Within Weeks
