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Elon Musk's Companies Have Lost $1.5 Trillion In Value. SpaceX's Biggest Test Yet Starts Next Week

Posted on July 29, 2026
By International Business Times
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1 min read

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Elon Musk's Companies Have Lost $1.5 Trillion In Value. SpaceX's Biggest Test Yet Starts Next Week

Since reaching recent highs in mid-June, SpaceX shares have tumbled nearly 50%, while Tesla has fallen about 18% following last week's earnings report.