Elon Musk loses trillionaire status as SpaceX and Tesla stock drops ⁠33%

By Sanya Mansoor⁠0%

6/24/2026, 8:02:33 PM

BS Summary: This article contains 18 faulty reasoning types, including Negativity Bias, Post Hoc (False Cause), and Ambiguity (Equivocation), with Biased Writer Voice as the most egregious example at 33.7% saturation with 114 hits. Analysis detected 801 faulty-reasoning hits from 338 analyzed words, generating a BS Score of 41.3% and a BS Rank of ⁠33% (14,389 of 21,204 articles). This article is better (less manipulative) than 67.90% of the article peer group.

Elon Musk was no longer a trillionaire by the time markets closed on Wednesday. 
Plunging shares in Tesla and SpaceX dragged the tech magnate down to billionaire status. 
As of 4pm ET, Forbes listed Musk’s net worth as $970.2bn. 
Musk reached trillionaire status on 12 June after SpaceX’s historic initial public offering. 
The rocket, satellite and AI company’s debut on the stock market made Musk the first person with a net worth of more than $1tn. 
His fortune continued to hover around that gigantic figure in the weeks following the initial public offering (IPO). 
A global stock selloff this week led to sharp declines for major tech stocks and dealt a blow to Musk’s wealth, however, as investor concerns that the Federal Reserve will potentially raise interest rates and looming fears of an AI bubble rattled the market. 
Companies whose values were heavily linked to the AI boom, including Google’s parent, Alphabet, and chipmakers such as Samsung, were hit especially hard. 
The SpaceX IPO, the largest in history, immediately vaulted Musk’s wealth while also tying it to the company’s stock price. 
SpaceX raised $75bn from its record-breaking IPO and its stocks increased by 19%, from its initial price of $135 per share, within 24 hours of going public. 
On Wednesday, SpaceX’s stocks were listed at $154.35. 
Most of Musk’s wealth is tied up in stock and equity, and is not cash he can quickly spend. 
Still, his fortune is unprecedented, not just for its size but the speed at which it grew. 
Market fluctuations mean it is possible that Musk could regain his trillionaire status in the near future if either Tesla or SpaceX shares rebound. 
Although no longer a trillionaire, Musk is easily still the world’s richest person. 
The next wealthiest billionaire is the Google co-founder Larry Page, whose net worth is about $284bn, according to Forbes. 
Musk made more money than Page’s entire fortune this year alone, increasing his net worth by $338bn since January. 
Article reasoning-pattern comparisonThis article: 5.0%Sanya Mansoor: 1.6%the Guardian: 3.7%Confirmation Bias5.0%This article: 10.9%Sanya Mansoor: 1.1%the Guardian: 0.6%Anchoring Bias10.9%This article: 6.8%Sanya Mansoor: 4.6%the Guardian: 3.1%Availability Heuristic6.8%This article: 7.1%Sanya Mansoor: 2.2%the Guardian: 1.2%Representativeness Heuristic7.1%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 1.0%Hindsight Bias0.0%This article: 0.0%Sanya Mansoor: 1.6%the Guardian: 1.6%Overconfidence Bias0.0%This article: 8.9%Sanya Mansoor: 3.9%the Guardian: 6.1%Framing Effect8.9%This article: 7.4%Sanya Mansoor: 1.5%the Guardian: 0.6%Loss Aversion7.4%This article: 0.0%Sanya Mansoor: 0.4%the Guardian: 0.6%Status Quo Bias0.0%This article: 0.0%Sanya Mansoor: 1.2%the Guardian: 0.2%Sunk Cost Effect0.0%This article: 7.1%Sanya Mansoor: 1.8%the Guardian: 2.5%Optimism Bias7.1%This article: 13.0%Sanya Mansoor: 3.4%the Guardian: 2.1%Pessimism Bias13.0%This article: 31.1%Sanya Mansoor: 14.5%the Guardian: 10.4%Negativity Bias31.1%This article: 0.0%Sanya Mansoor: 0.5%the Guardian: 1.6%Self-Serving Bias0.0%This article: 0.0%Sanya Mansoor: 0.6%the Guardian: 1.4%Fundamental Attribution Error0.0%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.3%Actor-Observer Bias0.0%This article: 0.0%Sanya Mansoor: 2.3%the Guardian: 1.3%In-Group Bias0.0%This article: 0.0%Sanya Mansoor: 0.2%the Guardian: 0.7%Out-Group Homogeneity Bias0.0%This article: 13.6%Sanya Mansoor: 0.7%the Guardian: 3.2%Halo Effect13.6%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.3%Horn Effect0.0%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.0%Dunning-Kruger Effect0.0%This article: 12.1%Sanya Mansoor: 1.5%the Guardian: 1.1%Recency Bias12.1%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.4%Primacy Effect0.0%This article: 0.0%Sanya Mansoor: 0.2%the Guardian: 0.1%Blind-Spot Bias0.0%This article: 0.0%Sanya Mansoor: 1.3%the Guardian: 2.0%Ad Hominem0.0%This article: 0.0%Sanya Mansoor: 1.1%the Guardian: 0.6%Straw Man0.0%This article: 8.9%Sanya Mansoor: 5.7%the Guardian: 3.8%Appeal to Authority8.9%This article: 5.6%Sanya Mansoor: 4.2%the Guardian: 1.7%False Dilemma5.6%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 1.1%Slippery Slope0.0%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.1%Circular Reasoning0.0%This article: 6.8%Sanya Mansoor: 7.7%the Guardian: 6.3%Hasty Generalization6.8%This article: 0.0%Sanya Mansoor: 0.4%the Guardian: 0.2%Red Herring0.0%This article: 0.0%Sanya Mansoor: 1.2%the Guardian: 0.7%Bandwagon0.0%This article: 0.0%Sanya Mansoor: 5.3%the Guardian: 5.6%Appeal to Emotion0.0%This article: 0.0%Sanya Mansoor: 0.4%the Guardian: 0.9%Begging the Question0.0%This article: 29.9%Sanya Mansoor: 4.0%the Guardian: 2.9%Post Hoc (False Cause)29.9%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.1%Tu Quoque0.0%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.4%Burden of Proof0.0%This article: 0.0%Sanya Mansoor: 0.1%the Guardian: 0.2%Appeal to Nature0.0%This article: 0.0%Sanya Mansoor: 0.2%the Guardian: 0.4%Composition/Division0.0%This article: 0.0%Sanya Mansoor: 2.0%the Guardian: 3.1%Anecdotal0.0%This article: 0.0%Sanya Mansoor: 0.5%the Guardian: 0.1%No True Scotsman0.0%This article: 25.7%Sanya Mansoor: 3.0%the Guardian: 1.6%Ambiguity (Equivocation)25.7%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.0%Gambler’s Fallacy0.0%This article: 0.0%Sanya Mansoor: 0.5%the Guardian: 0.1%Middle Ground0.0%This article: 0.0%Sanya Mansoor: 0.2%the Guardian: 0.1%Personal Incredulity0.0%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.1%Special Pleading0.0%This article: 0.0%Sanya Mansoor: 0.5%the Guardian: 0.3%Genetic Fallacy0.0%This article: 3.3%Sanya Mansoor: 0.8%the Guardian: 1.6%Unattributed Quote3.3%This article: 0.0%Sanya Mansoor: 1.2%the Guardian: 1.1%Quote-first Misdirection0.0%This article: 33.7%Sanya Mansoor: 3.3%the Guardian: 10.4%Biased Writer Voice33.7%This article: 0.0%Sanya Mansoor: 1.4%the Guardian: 1.8%Indoctrination0.0%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 3.1%Politically Left Leaning Bias0.0%This article: 0.0%Sanya Mansoor: 0.0%the Guardian: 0.3%Politically Right Leaning Bias0.0%This article: 0.0%Sanya Mansoor: 0.7%the Guardian: 1.0%Attempt to Sell a Product or S…0.0%

338 words analyzed.

Speakers

2speakers19%attributed speech273writer words
Voice mapSelect a segment to jump to its words
Writer's voice • 11 words • 0.0% coverageWriter's voice • 14 words • 0.0% coverageWriter's voice • 14 words • 100.0% coverageForbes • 11 words • 100.0% coverageWriter's voice • 13 words • 100.0% coverageWriter's voice • 24 words • 0.0% coverageWriter's voice • 18 words • 100.0% coverageWriter's voice • 44 words • 0.0% coverageWriter's voice • 23 words • 0.0% coverageWriter's voice • 20 words • 100.0% coverageSpaceX • 27 words • 0.0% coverageSpaceX • 8 words • 0.0% coverageWriter's voice • 19 words • 0.0% coverageWriter's voice • 17 words • 100.0% coverageWriter's voice • 24 words • 0.0% coverageWriter's voice • 13 words • 100.0% coverageForbes • 19 words • 0.0% coverageWriter's voice • 19 words • 100.0% coverage
Selected voice

Forbes

100%flagged-word coverage
30 attributed words46% of attributed speech100% writer coverage
0%22.5%45.0%Biased Writer Voice-41.8 ptsWriter: 41.8%Forbes: 0.0%0.0%Unattributed Quote+36.7 ptsWriter: 0.0%Forbes: 36.7%36.7%

Attribution is sentence-level. Pattern percentages are calculated only from words assigned to that voice.

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Analysis

Hover over highlighted words in the article to view the associated bias or fallacy analysis.