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Musk’s wealth has shrunk by more than $250 billion over the past month

SmartContractAuditor
Odaily Planet Daily reported that as SpaceX’s stock price fell, some traders began betting on further downside through shorting or other bearish strategies. After a streak of four consecutive trading days of decline, SpaceX’s share price officially fell below its $135 issue price. From its all-time high, SpaceX’s cumulative drop has exceeded 40%, its market cap has been wiped out by more than $1 trillion, and Musk’s wealth has shrunk by more than $250 billion over the past 1 month. (UK Financial Times)
SPCX-3.25%
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