Elon Musk has lost his trillionaire status again after the value of SpaceX shares declined. According to Forbes, the entrepreneur's fortune stood at $982.9 billion on the morning of October 13. This was reported by Qazaqyia.kz citing Kursiv Media.
After U.S. markets opened, SpaceX shares fell by more than 3%. Against this backdrop, Musk's estimated wealth shrank by roughly $26.3 billion. He lost the trillionaire status just four days after regaining it.
When the $982.9 billion figure was recorded
The $982.9 billion estimate is given as of 10:20 a.m. U.S. Eastern Time on October 13. The value of the entrepreneur's assets changes along with the quotes of his stakes in companies.
How Musk gained trillionaire status
Forbes first declared Musk a trillionaire in June 2026 after SpaceX listed on the Nasdaq exchange. At that time, the publication estimated his fortune at about $1.1 trillion. Since then, fluctuations in the shares have repeatedly changed his position relative to the trillion-dollar mark.
Earlier, Kursiv wrote that Elon Musk had separated from Shivon Zilis.