https://www.live-feeds.com/feed/elon-musk-is-biggest-billionaire-loser-in-midterm-tech-routContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/elon-musk-is-biggest-billionaire-loser-in-midterm-tech-routhttps://www.live-feeds.com/feed/elon-musk-is-biggest-billionaire-loser-in-midterm-tech-rout#u194354Wed, 11 Nov 2026 15:23:36 +0000Elon Musk experienced the largest wealth drop among billionaires following a severe downturn in technology stocks after the midterm elections. A sharp decline in the value of SpaceX and Tesla shares reduced Musk's net worth by $33 billion. Despite this multi-billion dollar loss, he remains $490 billion richer than anyone else. The broader market correction saw artificial intelligence and data center shares fall significantly, wiping out approximately $2.5 trillion in market value across the sector as investors reacted to the political shift in Congress.Why it mattersThe sharp market corre