New Delhi, July 13 -- Elon Musk's fortune fell below $900 billion on Monday as shares of SpaceX continued to erase gains, sliding closer to their public offering price.

Shares of SpaceX dropped 4.45% to just under $140 as of Monday afternoon, approaching the stock's $135 IPO price. The AI and rockets company made a blockbuster debut on US stock market last month, raising $75 billion.

The latest pullback in SpaceX stock wiped out nearly $37 billion from Musk's net worth, taking his fortune to $882.7 billion, according to data available on Forbes real-time billionaires list.

SpaceX witnessed massive gains after going public on 12 June, 2026. It debuted with a valuation of about $1.8 trillion, which quickly surged to more than $2.7 trilli...