Elon Musk's net worth has dropped below $1 trillion after SpaceX and Tesla shares fell during a broader tech sell-off, less than two weeks after the milestone.

Elon Musk lost his trillionaire status on Tuesday after a brutal global tech rout erased billions from his wealth.

When SpaceX went public on June 12 with the biggest IPO in history, Elon Musk immediately cemented himself as the first ever trillionaire. Now, less than two weeks later, Musk has already lost that trillionaire status — as SpaceX stock tumbles for the fifth consecutive trading day.

The stock market selloff this week has been painful for investors but spare a thought for Elon Musk. The SpaceX and Tesla CEO has already lost his trillionaire status following a sharp drop in the share price of both companies.

Asian stocks surged on Thursday after Micron's earnings beat settled fears among investors over the artificial intelligence industry. Japan's Nikkei 225 index rose 4.6%, bringing total gains to t

Semiconductor-heavy markets led gains after the selloff earlier this week.

Asian equities surged on Thursday after strong earnings and forecasts from chip giants Micron and ​Qualcomm helped alleviate some concerns over the red-hot AI rally that has pushed global stocks to record highs.

Micron will report earnings on Wednesday, and the report will mark the AI trade's next big test following the recent spasm of volatility in tech stocks.

Stocks rose on Wall Street Wednesday as falling bond yields and lower oil prices helped ease pressure on the market. The S&P 500 climbed 0.4%. The Dow Jones Industrial Average added 384 points, or 0.8%,

Stocks are rising on Wall Street as falling bond yields and lower oil prices help ease pressure on the market. The S&P 500 rose 0.6% on Wednesday. The index is

Stocks are edging higher on Wall Street as falling bond yields and lower oil prices help ease pressure on the market. The S&P 500 rose 0.2% in morning trading Wednesday. The index is coming off

Stocks are edging higher on Wall Street as falling bond yields and lower oil prices help ease pressure on the market. The S&P 500 rose 0.4% in early trading Wednesday. The index is coming off two days of declines driven by losses in Big Tech companies.

The SAVE plan for student loan repayments is coming to an end and borrowers enrolled in the program will face stark increases in monthly payments.

Wisconsin borrowers may face new borrowing caps and repayment plans, among other rules, after changes to federal student loans take effect July 1.

The era of the Biden administration’s SAVE student loan repayment plan is coming to an end, as major changes enacted under President Donald Trump’s One Big Beautiful Bill Act take effect July 1 and reshape how millions of people repay their loans.

Student loan changes to impact borrowers starting July 1

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 1 basis point to 4.479%.

A further dip in crude oil prices is helping ease inflation concerns and push down benchmark U.S. bond yields. The 10-year Treasury yield, which moves inversely to the bond price, is down 1.4 basis points to 4.

Treasury yields are following oil prices lower, as a drop in energy costs helps ease investors’ inflation worries. The yield on the 10-year note was recently 4.416%, according to Tradeweb, a touch bel

The 2-year Treasury note yield, which closely tracks short-term Federal Reserve interest rate policy, was more than 5 basis points higher at 4.232%. It hit its highest level since