Elon Musk's wealth falls over $600 billion as SpaceX and Tesla shares tumble

Elon Musk SpaceX Tesla wealth decline share slump

Elon Musk’s net worth dropped from a mid‑June peak of about $1.33 trillion to roughly $684 billion by early August, a loss of more than $600 billion. The decline was driven primarily by a steep correction in SpaceX shares, which fell about 46 % from a high of $202 to $108.37, and by a 17 % slide in Tesla stock since the company’s second‑quarter earnings on July 22.

SpaceX’s June IPO raised $75 billion, the largest public offering in history, and listed at $150 per share, above its $135 IPO price. A lock‑up of 911.5 million shares, valued at about $116 billion, is set to end in early August, adding further selling pressure. Short interest in SpaceX has risen to roughly 34 % of the float, worth over $26 billion.

Despite the paper‑wealth erosion, Bloomberg’s Billionaires Index still lists Musk as the world’s richest person. He remains committed to aggressive spending, with Tesla planning to invest more than $25 billion this year in artificial intelligence, autonomous driving and robotics.

Entities

Artificial intelligence · Bloomberg Billionaires Index · Elon Musk · Forbes · Jeff Bezos · Larry Page · Mark Zuckerberg · SpaceX · Tesla · Tesla, Inc. · United States

Claims

What the coverage asserts, and how many sources carry each claim.

[● 13 SOURCES] Up to 911.5 million SpaceX insider and early‑investor shares are set to unlock next month, potentially adding price pressure. www.epochtimes.com · www.elespectador.com · biznisinfo.mk · www.europesays.com · madhyamamonline.com · +7 more
[● 14 SOURCES] Elon Musk's net worth fell from about $1.33 trillion in mid‑June to $684 billion by early August. biznisinfo.mk · www.europesays.com · epocanegocios.globo.com · www.epochtimes.com · www.kurir.rs · +9 more
[● 18 SOURCES] Tesla’s stock fell about 17 % since its second‑quarter earnings report on July 22. www.epochtimes.com · www.elespectador.com · biznisinfo.mk · www.europesays.com · madhyamamonline.com · +12 more
[● 15 SOURCES] Bloomberg’s Billionaires Index listed Elon Musk as the world’s richest person with a net worth of $684 billion. biznisinfo.mk · www.europesays.com · epocanegocios.globo.com · www.epochtimes.com · www.kurir.rs · +9 more
[● 12 SOURCES] Musk remains the world’s richest person, with wealth still exceeding that of Larry Page and Jeff Bezos. biznisinfo.mk · www.europesays.com · epocanegocios.globo.com · www.kurir.rs · www.nedeljnik.rs · +6 more
[● 14 SOURCES] Elon Musk’s net worth fell from about $1.33 trillion in mid‑June to $684 billion, a loss of roughly $646 billion. biznisinfo.mk · www.europesays.com · epocanegocios.globo.com · www.epochtimes.com · www.kurir.rs · +8 more
[DISPUTED] SpaceX’s share price fell about 46 % from its peak, dropping from roughly $202 to $108.37. www.epochtimes.com · www.kurir.rs · www.nedeljnik.rs · www.politika.rs · www.elespectador.com · +10 more
[● 16 SOURCES] Tesla plans to spend more than $25 billion this year on AI, autonomous driving and robotics. madhyamamonline.com · epocanegocios.globo.com · www.epochtimes.com · www.kurir.rs · www.nedeljnik.rs · +10 more
[● 15 SOURCES] Elon Musk owns about 40 % of SpaceX, so changes in the company’s share price directly affect his net worth. biznisinfo.mk · www.europesays.com · madhyamamonline.com · epocanegocios.globo.com · www.epochtimes.com · +9 more
[● 7 SOURCES] SpaceX’s IPO raised $75 billion, the largest public offering in history. madhyamamonline.com · www.epochtimes.com · www.elespectador.com · samacharnama.com · biznisinfo.mk · +2 more
[● 11 SOURCES] Bloomberg Billionaires Index still lists Elon Musk as the world’s richest person. samacharnama.com · biznisinfo.mk · www.politika.rs · www.europesays.com · madhyamamonline.com · +6 more
[● 3 SOURCES] SpaceX raised $75 billion in its IPO, the largest public offering in history. samacharnama.com · madhyamamonline.com · www.epochtimes.com