According to Bloomberg’s Billionaires Index, Elon Musk’s estimated net worth began the year near $630 billion before the SpaceX IPO frenzy briefly pushed his fortune above $1.3 trillion. As SpaceX retreated, that paper wealth evaporated just as quickly. By Friday, Bloomberg estimated Musk’s fortune at approximately $718.8 billion, representing a decline of roughly $600 billion in about a month.

Ok but he netted nearly $90 billion. By comparison, if he gifted that to a random American, they’d be the 16th wealthiest person in the US.

I guess this is news in the sense that the only thing to take from Musk is his precious trillionaire label, but his failure still made him richer by an absurd amount.