New YorkSpaceX fell over 30% from its post-IPO peak, cutting Musk’s net worth to $957 billion.
SpaceX accounts for 80% of Musk’s fortune, Bloomberg data show; the stock peaked at $225 on June 16 then dropped on AI-bubble and rate fears.
The lockup expiry — when early SpaceX investors can sell — is the next test for the valuation.
Sources: Aol, Hindustan Times, Yahoo! Finance