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Musk's wealth has shrunk by over 250 billion USD in the past month

2026-07-19 08:52

Odaily Planet Daily News: As SpaceX's stock price retreats, some traders have begun betting on further declines through short selling or other bearish strategies. After four consecutive trading days of decline, SpaceX's stock price officially fell below the issuing price of 135 USD. From its historical peak, SpaceX's cumulative decline exceeds 40%, with its market capitalization evaporating by over one trillion USD. Musk's wealth has also shrunk by more than 250 billion USD in the past month. (Financial Times)