Elon Musk: Behind the $1 Trillion, the Fragile Mechanics of a Fortune Unraveling – La Nouvelle Tribune

Author: Francis NoudePublished on: July 11, 2026Country: United States

Business & EconomyTechnology

Elon Musk: Behind the $1 Trillion, the Fragile Mechanics of a Fortune Unraveling – La Nouvelle Tribune

Elon Musk became the first person to exceed $1 trillion in estimated wealth on June 12, 2026, following SpaceX's IPO, but his fortune quickly eroded due to stock volatility. About 95% of his wealth is tied to illiquid stock holdings, primarily in Tesla and SpaceX. Since the peak of $1.45 trillion on June 16, he has lost over $500 billion, with Forbes estimating his fortune at around $941 billion as of July 7. Analysts remain divided on SpaceX's future trajectory.

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