Elon Musk falls below trillionaire status as Bloomberg pegs net worth at $957 billion

Elon Musk’s net worth has slipped back to $957 billion by Bloomberg’s measure after SpaceX shares tumbled, with the stock falling below $150 and more than $600 billion in value erased within three trading sessions. The pullback followed concerns over SpaceX’s plans for heavy investment in artificial intelligence infrastructure and a broader tech-market selloff. Tesla shares also fell around 5% this week after U.S. regulators opened a safety investigation into a fatal crash involving a Tesla Model 3 that was reportedly using an advanced driver assistance system. SpaceX and Tesla remain Musk’s two core assets, together accounting for nearly 90% of his wealth.