search icon
search icon
Flag Arrow Down
Română
Română
Magyar
Magyar
English
English
Français
Français
Deutsch
Deutsch
Italiano
Italiano
Español
Español
Русский
Русский
日本語
日本語
中国人
中国人

Change Language

arrow down
  • Română
    Română
  • Magyar
    Magyar
  • English
    English
  • Français
    Français
  • Deutsch
    Deutsch
  • Italiano
    Italiano
  • Español
    Español
  • Русский
    Русский
  • 日本語
    日本語
  • 中国人
    中国人
Sections
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
About Us
Contact
Privacy policy
Terms and conditions
Quickly scroll through news digests and see how they are covered in different publications!
  • News
  • Exclusive
    • INSCOP Surveys
    • Podcast
    • EU
    • Diaspora
    • Republic of Moldova
    • Politics
    • Economy
    • Current Affairs
    • International
    • Sport
    • Health
    • Education
    • IT&C knowledge
    • Arts & Lifestyle
    • Opinions
    • Elections 2025
    • Environment
135 new news items in the last 24 hours
  1. Home
  2. Economy

Elon Musk has lost over 500 billion dollars, after the value of SpaceX's assets decreased by almost 40%.

Raluca Ioana Draghici
whatsapp
facebook
linkedin
x
copy-link copy-link
20 July 2026, 17:20
main event image
Economy
shutterstock.com
google-preference

Always see our news on Google

Elon Musk continues to be the richest man in the world, with an estimated fortune of 792 billion dollars, but he has suffered considerable losses due to the decline in the value of SpaceX shares.


The company debuted on Nasdaq in June, reaching a peak of 225.64 dollars per share, but has lost nearly 40% of its value in four weeks, reducing its market capitalization by over 1 trillion dollars. Recent failures of the Starship program have amplified the decline, directly affecting Musk's wealth, who owns 42% of SpaceX.


Additionally, the valuation of his Tesla holdings has been reduced by 116 billion dollars, contributing to a total loss of over 500 billion dollars.


The geopolitical context, including threats from Iran, has added pressure on the shares. Nevertheless, analysts believe that the decline could be a temporary adjustment, with optimistic estimates for the future of SpaceX.

Sources

sursa imagine
Stirile ProTV
Elon Musk a pierdut peste 500 de miliarde de dolari, mai mult decât PIB-ul estimat al României în 2026. Cauzele declinului
sursa imagine
B1TV
Elon Musk a pierdut peste 500 de miliarde de dolari

Latest News

22:49

Radu Miruță announces that USR and PNL are discussing an alliance for the 2028 local and parliamentary elections

22:25

Ilie Bolojan calls for the PNL to be rebuilt through truth, accountability and strong teams

22:02

Donald Trump promotes Stephen Miller to White House chief of staff

21:29

President of the Bavarian State Parliament backed for the German presidency / The nomination of the CSU politician could be confirmed on Monday

21:28

Sviatlana Tsikhanouskaya received the Prize for European Values in Timișoara and will donate the money to Belarusian culture

See more news

NEWS ON THE SAME TOPICS

event image
International
Elon Musk loses $474 million after the defeat of Republican candidates he supported in the US elections
event image
International
Elon Musk invested 366 million dollars in the U.S. elections, targeting races that could determine Republican control of the Senate
event image
International
Elon Musk is analyzing the merger between Tesla and SpaceX, a transaction that could create one of the largest companies in history
event image
International
Elon Musk: Artificial intelligence will surpass human control
event image
International
Trump invests up to 50,000 dollars in SpaceX, the connection with Musk strengthens
event image
International
Elon Musk funded the November 2026 U.S. legislative elections with $366 million
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview app preview
Elon Musk SpaceX wealth

Editor’s Recommendations

main event image
Opinions
Yesterday 15:00

Andrei Cornea: Democracy versus networks

main event image
Exclusive
Yesterday 09:29

EXCLUSIVE | Romania, in the view of the Russian press: Ukraine’s “logistical rear”

main event image
Exclusive
Yesterday 15:35

SPECIAL From Babasha to eMAG. "The bad manea" and "the useful manea"

app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview
app store badge google play badge
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
  • About Us
  • Contact
Privacy policy
Cookies Policy
Terms and conditions
Open source licenses
All rights reserved Strategic Media Team SRL

Technology in partnership with

anpc-sal anpc-sol