Forbes Topline

Elon Musk’s Wealth Sinks Below $700 Billion As SpaceX Rout Extends

July 29, 2026·3 min
Episode Description from the Publisher

A further decline in SpaceX shares on Monday cut Elon Musk’s net worth by more than $20 billion, lowering his fortune below the $700 billion threshold for the first time since December, as Musk falls further from his trillionaire status. Read the full story on Forbes: https://www.forbes.com/sites/tylerroush/2026/07/27/elon-musks-wealth-sinks-below-700-billion-as-spacex-rout-extends/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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