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SpaceX's stock price drops, Musk's net worth drops below $900 billion

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Affected by a 3.8% drop in SpaceX's stock price to $140, Musk's net worth has fallen below $900 billion, with the latest net worth being $879.3 billion. SpaceX's stock price approached its IPO price of $135, while Tesla's stock price fell 3%, causing Musk's net worth to evaporate by $37.9 billion. Musk still leads Larry Page ($290.1 billion) and Sergey Brin ($267.6 billion) to become the world's richest man. Musk's peak net worth was $1.45 trillion, while SpaceX's stock price was $225 at the time. Raymond James has set a target price of $800, with an implied market value exceeding $10 trillion; FactSet data shows that the average target price for analysts is $236, Arete Research gives $401, Morgan Stanley $300, and Goldman Sachs $205.

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