The Billionaire Bubble: Musk's Falling Fortune and the Consequences of Hypergrowth Elon Musk's net worth has plummeted by $142 billion, falling short of the $1 trillion mark. Just months ago, his wealth peaked at $1.
1 trillion, a staggering figure that highlights the immense volatility of the tech industry.
SpaceX's recent earnings report reveals a 92% year over year revenue growth, but beneath this impressive figure lies a more nuanced reality. The company's capital expenditures skyrocketed to $18.