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Musk’s net worth nearly halved from its peak, yet still exceeds $700 billion

2026-07-28 14:51

Odaily Planet Daily News: Since SpaceX's stock price peaked in June, Musk's wealth has lost approximately $650 billion, while the stock prices of Tesla and SpaceX continue to decline. However, even after the sharp drop, Musk's net worth still exceeds $700 billion. Investors remain focused on whether AI-driven growth can support the high valuation.