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The Pescadero Perspective
news Cloud Billionaire 2026-06-26

Elon Musk Dips Below Trillionaire Status as Tech Stocks Tumble

Just weeks after making history as the world's first trillionaire following SpaceX's public debut, Elon Musk's net worth has fallen below the trillion-dollar mark. This decline is attributed to a broader tech sector downturn and plunging shares in both Tesla and SpaceX.

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