Economy · Full coverage

Elon Musk Falls Below $1 Trillion After Sharp Drop in SpaceX and Tesla-Linked Wealth

How 4 Israeli newsrooms covered this story — translated into English and compared side by side.

75% right-leaning
Center 1Right 3

First reported by Kikar HaShabbat · Jun 23, 2026

What happened

Elon Musk has lost his trillionaire status after a steep drop in SpaceX shares and new restrictions on Tesla stock reduced his fortune to about $962 billion. Despite the decline, he remains the world’s richest person.

  • 01Musk’s net worth is now estimated at about $962 billion, below $1 trillion.
  • 02SpaceX shares fell 31% from their peak, sharply reducing his wealth.
  • 03Tesla imposed new restrictions on about $116 billion in Musk shares.
  • 04He must stay in top roles at Tesla until January 2028 to keep the shares.
  • 05He remains the world’s richest person despite the decline.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story
People
Elon Musk
OrganizationsSpaceX, Tesla, Walla Money

Full coverage · 4 outlets

The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.

Behadrei HaredimRight · HebrewJun 24, 2026
Elon Musk Falls Below $1 Trillion After Sharp Drop in SpaceX and Tesla-Linked Wealth
WallaCenter · HebrewJun 24, 2026
Elon Musk loses his trillionaire status after a sharp drop in wealth
Kikar HaShabbatRight · HebrewJun 24, 2026
Elon Musk Falls Back Below the Trillion-Dollar Mark Within Days
Now 14Right · HebrewJun 23, 2026
Musk’s Record Wealth Surge Reverses as SpaceX Shares Slide
Kikar HaShabbatRight · HebrewJun 23, 2026
Elon Musk’s fortune drops by $350 billion after sharp fall in SpaceX shares

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