Share Pin 0 SharesElon Musk is no longer a trillionaire. The SpaceX founder acknowledged his slight dip in fortune by posting on X that he is now a “(Former) Trillionaire.” Musk briefly became the first person estimated to be worth more than $1 trillion following SpaceX’s blockbuster June public offering. By Monday, July 27, Forbes estimated Musk’s net worth had fallen to $695.7 billion. SpaceX shares dropped another 4.8% that day to around $109.50, leaving Musk roughly $750 billion below his record high.