Elon Musk's net worth has almost halved from its peak, but still remains above $700 billion.

BlockBeats News, July 28th, since SpaceX's stock price peaked in June, Musk's wealth has dropped by about $650 billion, while Tesla and SpaceX's stock prices continue to fall.

However, despite the significant drop, Musk's net worth still exceeds $700 billion. Investors are still watching to see if AI-driven growth can support the high valuation.