Musk's Net Worth Plunges, Jokingly Refers to Himself as a "Former Trillionaire"

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

Just a few weeks ago, he had become the first person in human history to have a net worth exceeding $1 trillion. Musk himself jokingly referred to himself as the "(former) trillionaire" on social media.