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SpaceX slips below $140 per share, wiping $1T from peak valuation

SpaceX slipped below $140 per share on Monday, wiping out $1T from the peak market capitalization of Elon Musk’s IPO.

CHART: Value of Tesla’s BTC holdings have fallen by two-thirds

The total value of Tesla’s BTC holdings have fallen by approximately two-thirds since 2021, despite BTC appreciating by more than 30%.

Elon Musk’s net worth of $1.4T is mind-bogglingly large, dwarfing the fortunes of even the richest crypto billionaires.

Last week was supposed to be a shining example of crypto tech tokenizing SpaceX stocks for the masses. Instead, the industry failed again.

Musk claims that Sam Altman reneged on his promises to turn OpenAI into a “non-profit” and cashed in with Microsoft and Amazon deals.