Market Capitalization

Elon Musk Experiences a Month of Losses in the Stock Market: SpaceX and Tesla Lose Over $1.2 Billion in Market Capitalization

Elon Musk's companies, SpaceX and Tesla, have experienced significant losses in the stock market, with SpaceX losing over $750 billion and Tesla losing over $440 billion in market capitalization. The losses have led to Musk losing his billionaire status.