Deep Tide TechFlow news: On July 26, Tesla (TSLA.O) shares fell nearly 20% this week, closing at $313.03 per share and posting the largest one-week drop since 2022. SpaceX (SPCX.O) closed at $115.07 per share, the lowest level since the company’s IPO last month. Data from the Bloomberg Billionaires Index shows that Musk’s personal wealth evaporated by about $130 billion (about 880B yuan RMB) in just five trading days, just weeks after he became the first person in human history to have a net worth exceeding $1 trillion. Musk himself joked on social media that he is a “(former) trillionaire.”