[Musk's Net Worth Nearly Halved from Peak, But Still Exceeds $700 Billion] Odaily Planet Daily News: Since SpaceX's stock price peaked in June, Musk's wealth has decreased by approximately $650 billion, while the stock prices of Tesla and SpaceX continue to decline. However, even after the sharp drop, Musk's net worth still exceeds $700 billion. Investors remain focused on whether AI-driven growth can support high valuations.