Musk's Net Worth Plummets, He Jokes He Is a "Former Trillionaire"

TechFlow news, on July 26, Tesla (TSLA.O) stock price fell nearly 20% this week, closing at $313.03 per share, marking the largest single-week decline since 2022; SpaceX (SPCX.O) closed at $115.07 per share, the lowest level since the company's IPO last month. Data from the Bloomberg Billionaires Index shows that Musk's personal wealth evaporated by approximately $130 billion (approximately 880 billion yuan) in just five trading days, while just a few weeks ago, he had just become the first person in human history to surpass a net worth of $1 trillion. Musk himself joked on social media that he is a "(former) trillionaire".