Elon Musk just lost his trillionaire status again after three days—but he says ‘it’s not like it’s sitting in a bank account’ anyway

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Fortune
Elon Musk just lost his trillionaire status again after three days—but he says ‘it’s not like it’s sitting in a bank account’ anywayWorldPing
Image via Fortune.

What happened

SpaceX founder Elon Musk lost $63 billion in the span of days, falling out of the trillionaire club for the second time.

Key facts

  • SpaceX founder Elon Musk lost $63 billion in the span of days, falling out of the trillionaire club for the second time.
  • Reported by Fortune and published Fri, 09 Oct 2026 15:39:46 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Getting a job at Bending Spoons comes with no bonus, no fancy title, and a warning—800,000 people applied anyway

  2. Elon Musk just lost his trillionaire status again after three days—but he says ‘it’s not like it’s sitting in a bank account’ anyway

Sources

The original report was published by Fortune. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Fortune

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