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Elon Musk Suffers $87 Billion Loss in One Day as SpaceX Shares Plummet Following Earnings Report

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FOMOGRAM Editorial Desk
Aug 6, 2026
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Elon Musk Suffers $87 Billion Loss in One Day as SpaceX Shares Plummet Following Earnings Report
EXECUTIVE SUMMARY

SpaceX's inaugural earnings report as a publicly traded company has resulted in a significant loss of tens of billions for the world's richest individual in just one trading session, with further declines possible as a substantial insider lockup period expires today.

SpaceX's inaugural earnings report as a publicly traded company has resulted in a significant loss of tens of billions for the world's richest individual in just one trading session, with further declines possible as a substantial insider lockup period expires today.

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