# Elon Musk loses his trillionaire status as SpaceX stock comes back to Earth

> **Newsylist Open Intelligence Dossier** · First detected: 2026-06-24 02:15 UTC · Category: Business · Sources: 17 · Current Velocity: 23.71

## Executive Summary
Elon Musk loses trillionaire status as SpaceX stock declines

## Intelligence Brief
Elon Musk has lost his trillionaire status due to a decline in SpaceX stock. Coverage from various outlets, including Reuters, BBC News, and Barron's, emphasizes the significant drop in SpaceX's valuation.


The decline comes after a post-debut share selloff, with short selling bets against SpaceX increasing. To watch next: the impact of this stock decline on Musk's net worth and the future performance of SpaceX and Tesla.

## Verified Facts & Key Claims
### What caused Elon Musk to lose his trillionaire status?
A decline in SpaceX stock

### How has SpaceX's valuation changed recently?
It has dropped, with short selling bets increasing

### Which outlets are covering this story?
Reuters, BBC News, Barron's, Forbes, The Guardian, and others

## Key People, Organizations & Locations
SpaceX, Earth, Elon Musk, SpaceX and Tesla, SpaceX Dodges Danger Zone Rebounds Above, Trillion Valuation, Elon Musk Just Lost His Trillionaire Status, SpaceX Stock Selloff Costs Elon Musk His

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| Yahoo Finance | Elon Musk loses trillionaire status as SpaceX stock falls | 2026-06-25 01:16 | [Source Link](https://news.google.com/rss/articles/CBMiogFBVV95cUxQOEQ5U3FuNWVJX3YydjZNUmVkU1dFVjBLSHNFeVZ2cGNaQ2pYNmpOWEN4RjRBS1dfSVczYXBieTNZVUdCQlFkSl9zWmlCY3RjeldyLTlORlFmamFaeFB4ZlJ2SEVnamNlUzZuZi1ndmtmYW1VQ0hFbURSSHE0N2Z5OWdsNVkyU2hKMzluMkZDbzRwWXloOUpwVTFyUkk1T09Vdnc?oc=5) |
| Yahoo Finance | Love Musk Or Not On July 6, You Will Own SpaceX Stock | 2026-06-25 01:16 | [Source Link](https://news.google.com/rss/articles/CBMijgFBVV95cUxPV0xiY21lZVBXTUtlZVU2Mm11Ykk5dzhmXzBuTWF1cUlqQVoxQlJ3d0RqbmtrNHhpeThUMG9iVk9kWGFtWGRYdEJ4WlBSaGc2b292VU10YVBKbU5kOEtxbFdrV2lxNV9EaDZuazI0YmdtYVRHMHpKQjhwUlBBWTczZmZDclB6eHFrbzM3ZC1B?oc=5) |
| The Motley Fool | Is It Too Late to Buy SpaceX Stock? | 2026-06-25 01:16 | [Source Link](https://news.google.com/rss/articles/CBMigwFBVV95cUxNeWhkQVRXMG13cFhsN09ZR0M5RmxIb0Q2R3ZHTTBrbXduQ0hPdXc1YUtORTNoMUdSa3hqREQtaFoxbnQ3bVVuS2Q5RUNRUE4zTUlFRkdKNFhhLXR4MkxsSGVyaEpIbWE5MDQ5aHdkRUJDRTRiZ1hKeGtCY2loSWo5and2cw?oc=5) |
| Yahoo Finance | SpaceX (SPCX) Stock Is Plunging. Should You Buy the Dip? | 2026-06-25 01:16 | [Source Link](https://news.google.com/rss/articles/CBMimwFBVV95cUxNVTVsWnVIQ3A2Y043eFVUTnVKSVZWNGl3c3NodV8tSWVuQS0wNXFfSEN2X1k5RGZ0ekxiUmZZdXBjclEtS0gtQU5IWDJyZXNjNGJhTUdIbEVQaE1QZi1kWEotekpsNlMzdHFGLVZtRkZnNk1OLWxaVm0zQ0ZhemF0SkxaTDliV1hWV3U3TFhvaC1UM1JYTjJFLXhZWQ?oc=5) |
| Ynetnews | Why Elon Musk is no longer a trillionaire | 2026-06-25 01:16 | [Source Link](https://news.google.com/rss/articles/CBMiYkFVX3lxTE5NaXo2REI1Q0M4UlZHQmlxc1lrbG1VaEJ1TS1wbnV3ODlIMklLT2VFRUVnbnkwNHRrVU94QUpERW5GTndJV3UwYUIyeGlBcFNGY2I3bjNJNFEtZENyR0ZHaXRB?oc=5) |
| Yahoo Finance | Peter Schiff Says Elon Musk Lost 'More Than' Warren Buffett Worth Of Fortune In One Day, But 'Don't Feel Sorry For Him': Here's Why | 2026-06-25 01:16 | [Source Link](https://news.google.com/rss/articles/CBMilwFBVV95cUxOaW9OWnJuVEVUN2RxZlJvby1xd1RacUhldnhTeEk0dktrSnhyeHlNVGE0TjQzczhTU2ZhMlEtbnU0MGFqMXVpa1Q3V09IckZUWkgxU3hSQkdKS0FzcW5SM0VXMWtZdHFyck54LXFGQnpUajdtcHJqZ0lxV3h6amtfSWdBcTdDMkctNEVDTzNpVmlfNmJiUFFr?oc=5) |
| Yahoo Finance | SpaceX Stock Is Down 23% From Its Post-IPO High. History Says This Will Happen Next. (Hint: It's a Big Move.) | 2026-06-25 01:16 | [Source Link](https://news.google.com/rss/articles/CBMilAFBVV95cUxNalJObk5HVmZON1d0V3BOdXdWYXNHVW8xbE9qb0NLaF93WW94T2ttc3FVQWxmb2tnWU1LQ1VjaGhKZkJSa3A4TF9YbE5XNXhGZUFKU1otb1NyR2ZMdmRha2x4THdRMnVnVWxTeldFRXB4Yld2V3JuVVdyQy1McmhNczREV0JFRnNZeXota1JOUEcxX19D?oc=5) |
| Fox Business | Elon Musk loses trillionaire status after tech sell-off erases billions from fortune | 2026-06-24 22:45 | [Source Link](https://news.google.com/rss/articles/CBMivAFBVV95cUxObHJaOWNwMUg1R2txOEM4RHpXX28zdHhKSDNlNThnZ3VpSHhRcmZlRFRsTGY4NWtudWRsZDRaQ3dhbjBzR2hyNm0tQWRfaElYUElmWVZLN3h1cFFjdWxiWmxLaEJjVXpJY0t2SFZrMDJscVBzRXdSSU9kVFZWbUNHZ3F4V1VsQ2tHT2xvMXhNSXhOV3hNclViZkdUZWc3RDNfbGt5bWRqdUxhM0hPdGhBOTctcWw3c3hqcXlxX9IBwgFBVV95cUxQcG1Pd2JqYnlhUlR0VHNvSzUxd2RHMkxqeVZzLTFOa0pfaWRReFk3Z1dac2dxOU1VV3B1WXJ5R2c0bVk2Uk1EQlkyMzRUbThOcnJSRUtDRlI2dFZPMjYxYjFFMGFCSDdIbjNFTG5KeGs0NjZFS2FwSEFNT3JuZkdTaDNpZWVBM0EwVlp2eEFBWWRvdUtJVWp) |
| TechCrunch | Elon suffers another day short of trillionaire status | 2026-06-24 22:45 | [Source Link](https://news.google.com/rss/articles/CBMikgFBVV95cUxNeFNJUkctNXdBanpfeXdvNnEtVGZNRVFpaldtWm1yaGdQUGpmYlNxMnB2S2F6QWRxc0hVVlAydXh1NVBrUlBxdHBJZ3F4cjcxOHRJRkZDZXNnYzBKTVRhTlE1OUFmbldTVTdVZkZxSmE2ajFENXB0bVdJbGtmZFcxbDJVMHNVWGZQeHF5bjV5Ym1PUQ?oc=5) |
| Barron's | SpaceX Dodges Danger Zone, Rebounds Above $2 Trillion Valuation | 2026-06-24 20:11 | [Source Link](https://news.google.com/rss/articles/CBMiggFBVV95cUxQRGdOTWxtUDBXYXlaY0NfVUFlYWpYV2szdnFhNEFTNllyRC0yenFjcWUzaWozSmJpMkZmdTVvTGhtc2s1dnQwYllhVjdJSkN0bmNVRTFuY18weGlJVE5fOFJMSVVXdmo2cUU1QzlmRHRHb1NiNHVBcjNyaTAtallNUmpB?oc=5) |
| Reuters | SpaceX short selling bets increase after post-debut share selloff | 2026-06-24 20:11 | [Source Link](https://news.google.com/rss/articles/CBMiugFBVV95cUxOdDM2RnlQcTY4dU5ycEFoUnBJdDVfUjNBVUtTSTlXZWt4RkduVWgyaTFGaW4xaUVOemtmemhMcTFTMkxXWnh4QkdKaGpJekNfb3JHZmRQc2hPWElQUWN1ZlJEREQ3N0lFbHNlUERXemdBM19mZVVEV2VqSmRSVTNxMF9oSDlqQ01jb3o2WHZORFJpQ3dhMG45MVVfM1pJY2dZNnFsTF85eUY2UklHejVtSEpja2htZjVGREE?oc=5) |
| Forbes | Elon Musk Just Lost His Trillionaire Status | 2026-06-24 17:45 | [Source Link](https://news.google.com/rss/articles/CBMikgFBVV95cUxPTHRKbURXcGQ0UHVHMTJ5bzY0UWE0YmtpMHNnMnVDdEFnZnlMWVRxcVFhTmVRbHY3V01oQkd1WHNwaDRjSkxkbGc5cWdzSm5vZWNWQUQ0VHZDM2x6VEFZME9uSTAzV3g3RjExU1JncTh1SGhCcWpWV0g0ckw1M0dBX0l6Y0c4Z3dnY2F2djVnTzRCZw?oc=5) |
| The Guardian | Elon Musk loses trillionaire status as SpaceX and Tesla stock drops | 2026-06-24 17:45 | [Source Link](https://news.google.com/rss/articles/CBMihwFBVV95cUxQa1MzYTc3djA3UUNJOHhEejFzcEZoQVpLYkFLaTVFandYQkdXcENFeTB6WWNwdFlVWENUaGF4NGIyMXhrMnVZZktvRDBZSzhnc0t4c1pCcFJxWVdNTFgwdkFqTUxJNjhtblpaeGFTd2MybHhQS3I5dTEyRGQ5THAwb3ItNWNBQjA?oc=5) |
| Barron's | SpaceX Stock Selloff Costs Elon Musk His $1 Trillion Net Worth | 2026-06-24 17:45 | [Source Link](https://news.google.com/rss/articles/CBMiigFBVV95cUxQeHNFY2dzNFhhZXJKeWFTYUNPbk5GNUVHcW8xS3FRSmNEeXR2R3ppSUF1ZmxrUW9LZ3VkVkREWjMweVpHX2xHMk5RcXY1WTIwX19oVlpPbkxSNkd6V1cteElFblVWVFlBVE9LOGM3OUxEb0ZrWjM0a2Y5SnltM003WGx1VDdTMUJteVE?oc=5) |
| BBC | Elon Musk loses trillionaire status as global tech rout hits SpaceX | 2026-06-24 17:45 | [Source Link](https://news.google.com/rss/articles/CBMiWkFVX3lxTE9MbHEwMnZ4Y1M3aXlPUkdSQlA5QlVHZVlTMm05dVJWVS05NGpsODBGbnlFbHYyWDBpT1ZmODJGdUlDeGEtUks1V3o2M0FDUTZIalNJeHZEYWRQUQ?oc=5) |

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