Elon Musk, who hit the trillion-dollar mark following SpaceX's public offering in June, has seen his fortune slide below its pre-IPO valuation. His total wealth has declined from a high of $1.33 trillion recorded on June 16 to its current level of $684 billion. This shift comes as SpaceX stock has tumbled 46% from its peak price of $201.80, alongside an increase in short interest, which has climbed to 219.3 million shares.

by shortkt.com✓

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