Elon Musk Loses Trillionaire Status After Losing Over $500bn In Stock Market Crash

Elon Musk has fallen below the trillionaire milestone following a steep sell-off in global technology stocks that erased more than $500 billion from his personal wealth within just one week.
The Tesla and SpaceX chief executive, who had recently become the first person in history to surpass a $1 trillion fortune after a surge in SpaceX-related valuation gains, has now seen his net worth decline sharply amid a wider downturn in tech equities.
According to Bloomberg estimates, Musk’s wealth currently stands at about $957 billion, down from above the $1 trillion mark earlier this month. The drop is being described by analysts as the largest individual wealth loss ever recorded.
SpaceX ...