Elon Musk lost his trillionaire status as SpaceX stock sank back to Earth

A broad market selloff pushed Musk's net worth below $1 trillion, to $957 billion, according to Bloomberg

Brendan SMIALOWSKI / AFP

Elon Musk is no longer a trillionaire. The Bloomberg Billionaires Index puts his fortune at $957 billion, a figure reflecting steep drops in both SpaceX and Tesla $TSLA shares during a broad market selloff.

By Tuesday's close, SpaceX shares had settled near $156 — a retreat of more than 30% from the $225 intraday high reached on June 16. A 16% single-day plunge on Monday erased roughly $240 billion from Musk's........

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