Elon Musk’s trillionaire status at risk after drops in SpaceX and Tesla’s shares – business live

Elon Musk’s trillionaire status at risk after drops in SpaceX and Tesla’s shares – business live - short news


Rolling coverage of the latest economic and financial news

Financial analyst Bill Blain of Windshift Capital sees signs that SpaceX could fall further, writing this morning:

Congratulations if you successfully “stagged” out of the SpaceX IPO at the $225 top last week.

Yesterday the reverse-rocket stock briefly broke lower than the $150 post-IPO opening price. The option market is bearish, hinting it could break $100 if the slide continues. There was clearly good money..


Read more on The Guardian

source: The Guardian - 24.06.2026

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