# Elon Musk loses trillionaire status as SpaceX stock deflates

> **Newsylist Open Intelligence Dossier** · First detected: 2026-07-16 13:29 UTC · Category: Business · Sources: 6 · Current Velocity: 4.9

## Executive Summary
Elon Musk loses trillionaire status as SpaceX stock falls below IPO price

## Intelligence Brief
SpaceX stock has declined to its initial public offering (IPO) price of $135. This drop has resulted in Elon Musk losing his trillionaire status. The stock's decline has also led to significant profits for short sellers.


Coverage from various outlets, including Yahoo Finance, MarketWatch, and CNBC, emphasizes the impact of the stock's decline on Musk's net worth and the surge in short selling activity. Some analysts, like those at Raymond James, remain optimistic about the stock's future prospects.


The reasons behind the stock's decline are not specified in the coverage, but it is reported that short sellers have racked up $8.7 billion in profits. The stock's performance will be closely watched to see if it can recover from this decline.

## Verified Facts & Key Claims
### What is happening to SpaceX stock?
SpaceX stock has fallen to its IPO price of $135.

### How have short sellers been affected?
Short sellers have made $8.7 billion in profits as the stock declines.

### What is the impact on Elon Musk?
Elon Musk has lost his trillionaire status due to the decline in SpaceX stock.

## Key People, Organizations & Locations
Wall Street, SpaceX, IPO, Elon Musk, Short, IPO SPCX, SpaceX Falls Back, IPO Price But Raymond James Thinks The Stock Is Going To The Moon, Predicting Where SpaceX Is Headed

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| Yahoo Finance | Predicting Where SpaceX Is Headed by the End of 2026 | 2026-07-16 10:15 | [Source Link](https://news.google.com/rss/articles/CBMioAFBVV95cUxOeEpQUjF6b1BUWHhNaUVkeFFzRmtvTERqTF9TbHhCeDZEeWF4T2F3WHJvWlN2RTdOdnRjVjlLaUxhOTN6X0FZcC1mYzl5R2VzVUFOVHU4cGdfNXFNMy1CNF9jbkhkTEYwYk1pM1ZuNjRUdVVuRTBUSHZHNzBuZlZydk9IekNrS3ZySVM5NldhNkxfTl80WjE2amJXdmlSRThW?oc=5) |
| MarketWatch | Is SpaceX’s stock a bust because it fell below $135? Look what happened after Meta’s IPO. | 2026-07-16 10:15 | [Source Link](https://news.google.com/rss/articles/CBMixgFBVV95cUxOSklZZ1lFQ3NiOFlrdWpHeWEzcUU4R0hlU3lTU0IzSmF5LTJ0MnhzdmozTGIwRWg3ZUllMjdpWDJ4NzlsbW1DbjRmLTRkUkVqcFo5LWkwZDJCbml1eUdicW81MWV3S0xDMEFwY3BEWEdHUk5rV2FUYUpmUldpUll5UkRKQldwUG1wSmdCVUdZcVJPRkY5RUFsRnhiTkhybUpsZXJ4cWRvWFVjVncxVkpKeWsyS0luSG1aYmU3NHhpX2kzVjBaSVE?oc=5) |
| Yahoo Finance | Short sellers rack up $8.7 billion profit as SpaceX slips below IPO price -Ortex | 2026-07-16 10:15 | [Source Link](https://news.google.com/rss/articles/CBMikAFBVV95cUxOZ0xXQ1RZeW03RmlWODUyZmU0eUp1QlJqdk14bGMxQ0lEd0RhUk1fXzVwM0Jma1B5SXMtR1ZDWEZOdWdqRUE5QWprMy1nS1g3RmsxYTJLSk9mcVRkQ1BVSGlaeFVrT2FCcjNSVWMzR2FJX1hMUUpEOHZLMF9SNGE3VFJ5a0dTNHVSdU5xUGtDcW0?oc=5) |
| CNBC | Short sellers load up against SpaceX as stock retreats back to IPO price | 2026-07-16 10:15 | [Source Link](https://news.google.com/rss/articles/CBMirgFBVV95cUxPSHo0SEZVS1Y0Rk5SWE40WDc0LUcyTkpPMmpCckdYSDN6bXBBc3NzSXQyRzdzTEdzY1dsVngtdWo0T1c5LWlSNkg5ejRIWDE2ZzBvYzJSa3JVUkRkLUN6T0ZYb1d2UWFaVTV5amJLT1pFc0FuZ2R2eWdHOVhRU3luV3BxV2hQQ0xKY3c0bW9naUlMVy1vQWF6UTRJNUtMWUZlQ2JZcnpoQk9HRjBOYkHSAbMBQVVfeXFMUHJxcjljRDYwWGtXX2ZNRkR3dmpFRHlEWF8zd29DeEd2clByUzh5U05VQ2ZlNXRPTmlHY251UFVFNHAtU2FXVm8xQ1BGSWszOUk3clp3YXRHcmcwR2JOUGVlbGt2dXJUREFIa3B4N2dwWUtQWFlqbDA0V2Q1a0doOEQ2Z2pNZkVCRVRTYk1lVG4yX3lQOXJHTVNFM3doM0V2cDdidXY) |
| Invezz | The world's most valuable IPO, SPCX, is now Wall Street's most shorted new stock | 2026-07-16 10:15 | [Source Link](https://news.google.com/rss/articles/CBMisgFBVV95cUxORERlakd0YkNIcXRkOHhUUXowN2VTLTVxVkh3YkZJMVg4S2RpWVVJeGFMSU9qRlY0dFlvME1XS1gxOFFDVEJlRlFrd3lORzBkV04zN0lxbzdWY2Q3OUx2dm9nNzRLaFV1NGpYc1dUZGlDSVdFMl9YNjlwQ0JEaGVxZXQ1WHBZNmQ3N09yOVpvMThYWjg4ZVFWU1RUX2U3eVhpZ0dDTTFYQ3V5MWpPcGNqajNB?oc=5) |
| Seeking Alpha | SpaceX retraces to IPO levels after its historic launch; SA analyst forecasts what's next | 2026-07-16 10:15 | [Source Link](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQUE1UQm5fdVNtakVXblRNZUFoRFBSbTdjaTJ2c2c1NjhGY0NXZUpVVHE3VERob2xhS2pES0FBUUpZV3pic0VNamgyQWJQVHJfbUszUnR2MVBLTUpIZUNReEJXdm1lWTVKSFp6Q1hFa0w1VlM2MXZXYVZVdEpNaTBqWGt1SE02b2xZVWpKQVRiWUVUNFVPNWh4cE00Y1Vhc21aRkVqcVFDcThHLWtfTzlwR3Z3d0hEWl9kVkdJWHM0ZWFzZw?oc=5) |
| Yahoo Finance | SpaceX Falls Back to $135 IPO Price But Raymond James Thinks The Stock Is Going To The Moon | 2026-07-16 10:15 | [Source Link](https://news.google.com/rss/articles/CBMilAFBVV95cUxNekVUUWZJN1ZHSlRWQXlVaHRpVVhjTzdpRHZuRWEzaW93X3JJWkUzUFYyMm1PWmIydFI3V1JlZUUtam5JM1BuVTlZbkpLMkV2aGZuS3JKa2s2WGdibzdwc1I2MHVQSmhOQ2lQRlhyUWlJaEZCRUVUb29yYzF1T2ZlRlRkMjFVWjlOdWRQRHlCTDZBejRE?oc=5) |
| Fast Company | SpaceX stock fell below its IPO price for the first time this week. Here are a few reasons why | 2026-07-16 10:15 | [Source Link](https://news.google.com/rss/articles/CBMikgFBVV95cUxNQ0t3aEozNGNOREsxQkQ1Z2ZoU3ZlQWV2OThKNFVLcHdfaWlYeEI4RjQ2c2VQZmk1Qkx5bEM1bm5kcmpENHFIUFdhZTZkZ3ZxUjRCYVpkREZaQzViUGQyYWVqTWtVWGpPSzRpMVZXWXVROEZlR0kxcW9IQkZueXoxME01V25wMjcyYmZ6UG04V3RVQQ?oc=5) |

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*Canonical Source: https://www.newsylist.com/trend/2026-07-16/elon-musk-loses-trillionaire-status-as-spacex-stock-deflates*
*Synthesized by Newsylist Open Intelligence Engine under E-E-A-T journalistic standards.*