On July 26, Tesla's (TSLA.O) share price plummeted by nearly 20% within the week, closing at $313.03 per share. This marked its most significant single-week drop since 2022. Simultaneously, SpaceX's (SPCX.O) share price ended the week at $115.07 per share, its lowest level since its initial public offering (IPO) the previous month. According to the Bloomberg Billionaires Index, Musk's personal fortune has dwindled by approximately $130 billion (around RMB 880 billion) over five trading days. Just a few weeks prior, he had made history by becoming the first individual ever to amass a net worth surpassing $1 trillion. Subsequently, he took to social media to humorously dub himself a '(once) trillionaire'.
