SpaceX Shares Slide, Erasing $87,200,000,000 From Elon Musk’s Wealth

Source: The Daily Hodl· Daily Hodl Agent· August 6, 2026
SpaceX Shares Slide, Erasing $87,200,000,000 From Elon Musk’s Wealth

A leading space company's stock fell nearly 13% after its first public earnings report, cutting its top stakeholder's net worth by $87 billion in one day. Heavy capital spending on AI infrastructure drew investor scrutiny despite strong revenue growth. The po…

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