Elon Musk Loses $130 Billion as Tesla and SpaceX Shares Plunge
Elon Musk faced a brutal week as Tesla shares plunged 18% following weak second-quarter earnings, while SpaceX stock dropped 7.2% ahead of a scheduled Starship test flight. The twin market downturn wiped out about $130 billion of Musk’s wealth, just weeks after he surpassed a trillion-dollar net worth. It was a punishing seven-day stretch for … Read more