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Elon Musk drops below $1 trillion net worth as SpaceX shares decline.

Market News
18 Jul 2026
UToday
View Source
Bearish
pluang ai news

Elon Musk, the CEO of Tesla and SpaceX, has fallen below the $1 trillion net worth mark, now estimated at around $997 billion. This drop follows a decline in SpaceX's stock price, which makes up the largest portion of his wealth at $715 billion. Despite this, Musk remains the world's richest person. The recent fall in SpaceX shares below their IPO price is the main reason behind the loss of Musk's trillionaire status, highlighting how fluctuations in SpaceX's valuation heavily impact his net worth.

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Drake bets $1.5M USDT on Argentina to win World Cup final vs Spain, risking $5.7M loss streak.

Drake bets $1.5M USDT on Argentina to win World Cup final vs Spain, risking $5.7M loss streak.

Rap superstar Drake placed a $1.5 million bet in USDT on Argentina to beat Spain in the FIFA World Cup final, potentially winning about $5.175 million if Argentina wins in regulation or extra time. Despite Spain being the favorite in prediction marke...

Market News
Neutral
4 hours ago
BlackRock's MAXJ ETF offers S&P 500 returns with downside protection but caps gains at 10.6%.

BlackRock's MAXJ ETF offers S&P 500 returns with downside protection but caps gains at 10.6%.

BlackRock launched the iShares Large Cap Max Buffer Jun ETF (MAXJ), which provides S&P 500 returns up to a 10.6% cap while protecting investors from 100% of losses over a 12-month period. The fund uses options strategies to limit downside risk but ca...

Others
Neutral
4 hours ago
Binance's tokenized stocks grow $300M+, rivaling top issuers and boosting Binance Futures volume.

Binance's tokenized stocks grow $300M+, rivaling top issuers and boosting Binance Futures volume.

Binance's tokenized stocks have added over $300 million in capital in the past 30 days, surpassing early issuers like Securitize. Key stocks such as SanDisk and Micron lead this growth, making tokenized stocks some of the highest volume assets on Bin...

Market News
Bullish
4 hours ago
Micron beats Q3 expectations, signals strong Q4 demand with $50B revenue guidance and $250B US investment plan.

Micron beats Q3 expectations, signals strong Q4 demand with $50B revenue guidance and $250B US investment plan.

Micron reported a strong Q3 performance, exceeding expectations and reinforcing a positive outlook despite a temporary tech sector downturn. The company’s long-term supply deals, partnership with Anthropic, and a $250 billion U.S. investment plan sup...

Company Fundamentals
Bullish
4 hours ago
Beacon Financial trades near book value as investors await Q2 report post-merger performance.

Beacon Financial trades near book value as investors await Q2 report post-merger performance.

Beacon Financial Corporation is trading close to its book value but below peer price-to-book multiples as investors await its Q2 2026 earnings report on July 29. The upcoming report will be the first full-quarter test of the combined company after it...

Company Fundamentals
Bullish
4 hours ago
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