Elon Musk's fortune takes a hit as SpaceX shares fall
Edited By WION Video Desk
Published: Jul 16, 2026, 22:42 IST | Updated: Jul 16, 2026, 22:42 IST
SpaceX shares are under pressure as investors brace for a massive lock-up expiry that could release 911 million shares into the market. Analysts warn the stock could face further volatility after falling nearly 30% from its record highs. The decline has also dented Elon Musk's net worth, raising concerns over the company's near-term outlook despite its $1.8 trillion valuation.
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