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Elon Musk Fortune Drops Below $800bn After SpaceX Setback

Elon Musk’s net worth has fallen below $800 billion after SpaceX shares dropped following the aborted launch of its Starship rocket, reducing his fortune by an estimated $45.3 billion in a single trading session. SpaceX stock fell about 4.4 per cent to around $125 on Friday, extending a five-day decline that has erased more than 14 per cent of the company’s market value since last Thursday. The sell-off came after SpaceX halted the 13th Starship…
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InsideBusiness - Business News in Nigeria broke the news on Sunday, July 19, 2026.
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