SpaceX’s Stock Slide and Musk’s Net Worth | Rochester News

SpaceX’s stock is in freefall, down 50% from its June peak as investors grill Elon Musk over inflated hype — and with insider selling looming, the pressure mounts. Once a $1 trillion titan, Musk’s net worth has tumbled to $726 billion amid SpaceX’s cash burn and Tesla’s woes. But there’s hope: Starlink’s global contracts are cashing in, Grok AI and X (Twitter) keep chugging, and a recent Starship test — after a rough launch — proves they’re still flying high. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1def4661cd960c7b