Elon Musk's Net Worth Drops Below $700 Billion

Elon Musk, the world's richest person, has seen his net worth drop below $700 billion.

This is because the shares of his company, SpaceX, have fallen nearly 50% from their highest point.

Musk owns a lot of SpaceX shares, and the drop in their value has reduced his wealth.

Despite this, he still has more money than anyone else in the world.

Some people think SpaceX will do well in the future, but others are worried.

SpaceX also has a lot of Bitcoin, which is worth about $1.2 billion.