Elon Musk loses trillionaire status as net worth drops (opens original article in a new tab)

Elon Musk lost his trillionaire status as his net worth fell to $962 billion due to declining SpaceX stock and restrictions on Tesla shares.

• Elon Musk's net worth dropped to $962 billion from a peak of $1.45 trillion
• SpaceX's stock price decline and Tesla share restrictions contributed to the loss
• Musk's 2018 compensation package led to stock options with restricted shares if he leaves Tesla before 2028