Elon Musk loses $21 billion after SpaceX stock falls: Is he still a trillionaire?

Elon Musk's net worth dropped by over $21 billion to $1.03 trillion after SpaceX shares fell 2%. He remains the world's richest person. SpaceX is seeking to raise $40 billion for AI chip purchases amid rising credit risks, with a potential deal led by Apollo expected to close in 2027.