Tech

Tech Stocks Plunge, Musk Loses Trillionaire Status

Updated 2026-06-24 18:25 UTC 2 sources Negative

Global tech stocks experienced a significant downturn on Wednesday, causing Elon Musk to lose his trillionaire status. The market volatility affected SpaceX's valuation.

Coverage timeline — 2 articles
BBC News
Elon Musk lost his trillionaire status on Tuesday after a brutal global tech rout erased billions from his wealth.
2026-06-24 17:45 UTC
Deadline
Sony Pictures Entertainment has made a $100 million strategic investment in Cosm, a start-up operator of venues presenting “shared-reality” programming like movies and live sports. The transaction will make SPE the lead investor in Cosm’s Series C financing round, giving the studio
2026-06-24 18:10 UTC
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