Elon Musk’s net worth drops below $900 billion as SpaceX stock continues to tumble after IPO
Elon Musk’s fortune fell below $900 billion on Monday as shares of SpaceX continued to erase gains, sliding closer to their public offering price.
Shares of SpaceX dropped 4.45% to just under $140 as of Monday afternoon, approaching the stock’s $135 IPO price. The AI and rockets company made a blockbuster debut on US stock market last month, raising $75 billion.
