Thursday, 25 June, 2026
Musk’s Trillionaire Status Vaporized by a Consulting Firm
By TechShots Studio
Elon Musk’s reign as the world’s first trillionaire ended in less than two weeks. A broader tech market route—sparked originally by consulting giant Accenture lowering its revenue growth forecast—wiped out $360 billion from his personal wealth in days. Plunging 30% from its recent peak, newly public SpaceX dragged Musk's fortune down to $957 billion, proving how vulnerable his concentrated wealth is to sudden market shocks.
Read full story at TIMES OF INDIA