According to FinFly, on June 12, Musk became the first person in the world whose net worth exceeded $1 trillion after a rise in the stock value of his company SpaceX. He held trillionaire status for nearly two weeks.
According to media reports, SpaceX shares fell for three consecutive days following the announcement of the first investment-grade bond issuance to finance artificial intelligence projects. Additionally, since June 16, Tesla shares on the Nasdaq exchange have fallen by 4.14 percent, and SpaceX shares by 17.13 percent.