Elon Musk’s trillionaire status at risk after drops in SpaceX and Tesla’s shares – business live (opens in new tab)

Rolling coverage of the latest economic and financial newsFinancial analyst Bill Blain of Windshift Capital sees signs that SpaceX could fall further, writing this morning:Congratulations if you successfully “stagged” out of the SpaceX IPO at the $225 top last week.Yesterday the reverse-rocket stock briefly broke lower than the $150 post-IPO opening price. The option market is bearish, hinting it could break $100 if the slide continues. There was clearly good money to be made playing the FOMO...