Elon Musk was the world’s first trillionaire for 12 days

Elon Musk previously became the first trillionaire in history, maintaining this status for a period of 12 days. However, he has since lost his trillionaire standing. This shift is attributed to a continuous tumble in SpaceX stock values and a specific accounting change implemented by Forbes. Consequently, the decline of SpaceX stock has played a primary role in ending his tenure as the world's first individual to reach a trillion-dollar net worth.