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Yahoo Finance: Musk's Trillionaire Status Vanishes, Unlikely to Recover This Year as Tesla Stock Falls 21% YTD
Yahoo Finance reports that Elon Musk's trillionaire status, which he briefly achieved in early June, has vanished and is unlikely to be recovered this year. According to the Bloomberg Billionaires Index, Musk's current net worth is just over $900 billion. This is primarily due to the poor stock performance of his companies, with Tesla's stock price down 21% this year and SpaceX down 8% since its IPO.
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