Elon Musk’s Wealth Sinks Below $700 Billion As SpaceX Rout Extends

Topline A further decline in SpaceX shares on Monday cut Elon Musk’s net worth by more than $20 billion, lowering his fortune below the $700 billion threshold for the first time since December, as Musk falls further from his trillionaire status.

Musk, whose SpaceX holdings include 4.8 billion shares and another 350 million stock options, saw his net worth cut by $29.5 billion to $695.7 billion, yet he still ranks well ahead of Google co-founders Larry Page ($268.5 billion) and Sergey Brin ($247.1 billion) as the world’s richest person.

Musk’s fortune last ended a trading session below $700 billion on Dec. 18, 2025 ($680.6 billion).