SpaceX down 40.3% from June peak; Musk's wealth drops by $48.5 billion
Original headline스페이스X 6월 고점서 40.3% 하락, 머스크 485억달러 감소
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SpaceX shares fell 6.37% to $134.72 on Nasdaq on October 30, closing just below the $135 IPO price, as Elon Musk's estimated net worth dropped $48.5 billion in a single day to $865 billion, according to the Bloomberg Billionaires Index. The stock is now down 40.3% from its June 16 peak, per Yahoo Finance trading data. The decline reflects mark-to-market valuation changes rather than cash losses or share sales, meaning the wealth figure is an estimate tied to asset prices. The slide below the IPO price is a negative signal for one of the most closely watched listings, given Musk's holdings anchor the index's largest fortune. Watch whether shares stabilize above the offering price and whether further declines compound Musk's paper losses.
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Named in this story
SpaceX, Elon Musk, Nasdaq, Bloomberg