Elon Musk's personal fortune has fallen by more than $600 billion in just over a month as SpaceX and Tesla shares declined sharply. Despite the setback, Musk remains committed to investing heavily in artificial intelligence, autonomous driving and robotics
SpaceX surged 19 per cent on its US stock market debut, valuing the company at $2.2 trillion and making Elon Musk the world’s first trillionaire. The blockbuster IPO drew record demand but raised concerns over stretched valuations and rising losses.