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A sharp decline in SpaceX and technology stock valuations wipes out hundreds of billions from Musk’s fortune, though he remains the world’s richest person

Elon Musk Suffers Historic Wealth Decline

Elon Musk has experienced one of the largest wealth declines ever recorded, losing an estimated $350 billion in net worth just days after becoming the world’s first trillionaire. Despite the dramatic drop, Musk remains the richest person on the planet by a substantial margin, underscoring the extraordinary scale of his financial holdings and influence in...