# @dailymail on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DZ7iMg4ouA1
- **Gondola URL:** https://gondola.cc/posts/66998729-dailymail-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/0a3fb82ef8.jpg
- **Posted:** 2026-06-23T13:33:46.000+00:00
- **Account Owner:** Daily Mail (@dailymail) — https://gondola.cc/dailymail

## Caption

Elon Musk’s net worth dropped by over $350 billion after SpaceX shares fell more than 31% from their peak following its IPO debut, erasing nearly $900 billion in market value.

His fortune slid from $1.45 trillion to just over $1.1 trillion.

The decline was linked to a weak MSCI sustainability rating - one of the world’s largest stock market index provider - and concerns over governance and dilution from recent acquisitions.

Despite the setback, Musk remains a trillionaire as SpaceX continues to expand through major deals and debt refinancing.

#musk #trillionaire #spacex

## Stats

- **Views:** 0
- **Likes:** 768
- **Shares:** 0
- **Comments:** 67

## Tags

musk, spacex, trillionaire

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