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Elon Musk became the world's first trillionaire on June 12, 2026, following SpaceX's historic IPO.
After the IPO, SpaceX shares surged to a post listing high, briefly pushing Musk's estimated net worth above $1.3 trillion.
Since then, SpaceX ( $SPCX ) shares have fallen more than 30% from their peak, sending Musk's estimated net worth back below $1 trillion to roughly $960 – 970 billion.
In just days, Elon Musk's net worth dropped by more than $300 billion.
That's more than the entire estimated net worth of Larry Page, the world's second richest person, whose fortune is around $280 – 300 billion.
🚨 Elon Musk's ( $SPCX ) wealth growth since 2020 is almost hard to comprehend 😱
In July 2020, Musk's ( $SPCXB ) net worth was estimated at around $24.6 billion.
By June 2026, it had surged to nearly $1.1 trillion.
That's a gain of more than 44× in just six years. 🤯
For comparison see below
⚪ July 2020 • Elon Musk: ~$24.6B • Bill Gates: ~$98B
🔵 June 2026 • Elon Musk: ~$1.1T • Bill Gates: ~$104.2B
While Bill Gates ( $MSFT ) fortune grew by roughly $6.2 billion during the same period, Musk added more than $1 trillion to his net worth.
It's one of the most extraordinary wealth creation stories ever recorded, driven by the explosive rise of his companies and the AI boom that reshaped global markets.
AAVE remains in a strong short-term uptrend, printing higher highs and higher lows while holding above MA(7), MA(25), and MA(99). A decisive break above 83.70 could trigger another impulse move toward the 85.50-95.00 target zone. As long as price holds above 79.80, the bullish trend remains valid.
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Gold ( $XAU ) and silver ( $XAG ) have seen roughly $1.7 trillion in value wiped out as one of the biggest selloffs of 2026 continues.
The price action has been brutal:
Gold has fallen below $4,000 per ounce, down more than $1,600 from its 2026 peak.
Silver has dropped to around $58 per ounce, suffering one of its sharpest corrections of the year and losing more than 45% from its highs.
Take a moment to think about that.
The combined value erased from gold and silver is greater than the entire market capitalization of Bitcoin.
The assets investors traditionally turn to for safety have just experienced a massive correction, proving that even the oldest safe havens can be extremely volatile when sentiment shifts.
Markets have a way of reminding everyone that no asset is truly risk free.
🚨 The Ethereum Foundation's $ETH holdings have fallen to their lowest dollar value in nearly 6 years.
So, is the Ethereum Foundation running out of money?
Not quite.
The decline is largely a result of ETH's prolonged underperformance. $ETH is currently trading around $1,650-$1,700, down roughly 66% from its 2025 all-time high near $4,950, wiping out hundreds of billions of dollars in market value across the Ethereum ecosystem.
The Ethereum Foundation has also spent years reducing its footprint and distributing capital into ecosystem development, grants, research, and infrastructure. Recent reports indicate the Foundation now holds roughly 100,000 ETH, representing only about 0.1% of Ethereum's total supply.
Despite the decline, there is no evidence that the Foundation is on the verge of running out of funds. Earlier reports estimated the Foundation's treasury still held hundreds of millions of dollars worth of ETH, even after the market downturn.
🚨 Gold ( $XAU ) and Silver ( $XAG ) Pain is Not Over Yet
The precious metals selloff is accelerating, and analysts warn the correction may not be over yet.
Gold has fallen to around $4,080/oz, down roughly 23% from its January peak above $5,300/oz, while silver is trading near $62/oz, more than 46% below its all time high earlier this year.
The latest decline comes as a stronger U.S. dollar, rising Treasury yields, and growing expectations for additional Federal Reserve rate hikes continue to pressure non yielding assets like gold and silver.
The damage has been massive.
Gold alone has erased more than $1 trillion in market value from its January highs, while silver has lost hundreds of billions as investors rotate capital into stocks and crypto. Based on the current price action, both metals remain in a clear lower high, lower low trend.
Several analysts are watching the $4,000/oz level for gold as the next major support zone. Some bearish forecasts suggest gold could fall toward $3,800/oz if the Fed delivers multiple rate hikes this year.
Silver remains even weaker from a technical standpoint. After losing nearly half its value from the peak, analysts warn further downside is possible if key support levels fail to hold.
For now, the trend remains bearish. Until the dollar weakens or the Fed shifts its stance, gold and silver could face another leg lower before finding a durable bottom.
🚨 ELON MUSK LOST ALMOST AN ENTIRE JEFF BEZOS IN ONE WEEK!!!
Elon Musk's net worth has fallen by roughly $240 billion in just one week as SpaceX ($SPCX ) continues to pull back from its post IPO highs.
More than $600 billion in market value has been erased from SpaceX ($SPCXB ) in only three trading sessions, making it one of the largest wealth drawdowns ever recorded.
To put that into perspective, Musk's estimated loss is nearly equal to Jeff Bezos entire fortune, currently valued at around $250 billion.