Elon Musk’s Net Worth Falls Below $800B After Starship Abort

Bullish Gator

Starship launch abort sent SpaceX shares to record lows, wiping over $45 billion from Elon Musk’s net worth and pushing it below $800 billion amid renewed investor skepticism.

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What stands out

A botched Starship launch shaved more than $45 billion off Elon Musk’s paper wealth and pushed his net worth below $800 billion, a reminder that a headline at one of his firms can jolt markets for the others. For Tesla holders this is mainly a sentiment event, because the market still treats Musk like a tail risk for all his companies. That matters against Tesla’s own numbers: revenue is only creeping ahead, up about 5.6% year-over-year (YoY), while average net income has fallen sharply.