Forbes·3 min read·medium
Musk’s Fortune Falls Under $800 Billion After Aborted Starship Launch
T
Ty Roush
✦AI Summary
SpaceX shares dropped to an all-time low following an aborted Starship launch attempt, resulting in a $45 billion decline in Elon Musk's net worth. Despite the setback, Musk remains the world's wealthiest person, and the company plans to attempt another launch shortly.
Topline A setback in Starship’s latest launch attempt lowered SpaceX shares to another all-time low on Friday, extending a losing streak for the stock and lowering Elon Musk’s net worth by more than $45 billion, after Wall Street appeared optimistic about the firm’s launch capabilities.
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