Topic
billionaire
Business Elon Musk loses trillionaire status as SpaceX shares plunge 30% in tech rout
Elon Musk's net worth fell to $957 billion, losing his trillionaire status after a sharp sell-off in Tesla and SpaceX shares. SpaceX stock dropped over 30% from its intraday peak amid a broader technology rout driven by AI bubble concerns and higher interest rate expectations. The Nasdaq Composite declined 2.2% and the semiconductor index slid 7.9%.
Business Elon Musk Becomes World's First Trillionaire: A $1.11tn Wealth Journey in Charts
Elon Musk has become the world's first trillionaire with an estimated net worth of $1.11tn, according to Bloomberg. The milestone was driven by soaring valuations of Tesla and SpaceX, with key events including the SpaceX IPO in June 2026 and volatile swings tied to Tesla's share price and political sentiment.
Business Mohammed Dewji: Philanthropy and Business in Africa
Mohammed Dewji, a Tanzanian billionaire, emphasizes the importance of ethical wealth creation and philanthropy. He aims to donate at least half of his fortune to charitable causes, highlighting the role of billionaires in societal development.
Business Elon Musk: From Entrepreneur to Trillionaire
Elon Musk, CEO of SpaceX and Tesla, is the world's richest person, with a net worth surpassing $500 billion. His ventures have significantly impacted the tech and automotive industries.