{"data":{"prismicArticle":{"uid":"musk-falls-below-1-trillion-again","tags":["politics"],"first_publication_date":"2026-10-09T10:45:27+0000","last_publication_date":"2026-10-09T10:45:27+0000","data":{"third_party_url":null,"title":{"text":"Musk Falls Below $1 Trillion Again"},"rating":null,"datetime":"2026-10-09T06:30:00+0000","img":{"url":"https://images.prismic.io/prad/8d54d148-0f51-48ba-a593-d418f680c8bd_elon+Musk.JPG?auto=format,compress"},"embed":{"embed_url":null,"thumbnail_url":null,"author_url":null,"title":null},"content":{"raw":[{"text":"Elon Musk has lost his trillionaire status tag for second time in a month after sharp fall in SpaceX and Tesla shares wiped $36.4 billion off his fortune in single trading session. "},{"text":"According to data of Forbes, Musk's net worth fell to $991.6 billion on Thursday (October 8) slipping below $1 trillion mark just three days after he regained it."},{"text":"Moreover, SpaceX shares dropped around 3.5 per cent amid investor concerns over reports that company plans to raise $40 billion to buy Nvidia chips."},{"text":"While Tesla shares fell more than 2 per cent, adding to decline."},{"text":"Musk first crossed trillion-dollar threshold in June after SpaceX went public, briefly reaching estimated fortune of $1.45 trillion."},{"text":"Apart from that, Nvidia CEO Jensen Huang and Oracle co-founder Larry Ellison lost combined $15 billion in wealth on Thursday as technology stocks tumbled, according to the Forbes data."},{"text":"Huang's estimated net worth fell by $6.1 billion to $199.3 billion, slipping below $200 billion mark."},{"text":"Similarly, Ellison lost $8.9 billion, taking his fortune to $176.8 billion."},{"text":"Huang sits at No. 7 on Forbes Real-Time Billionaires list, down around 3 percent on Thursday."},{"text":"Ellison holds No 8 spot, down over 4.5 per cent for day."},{"text":"On Thursday, Nasdaq 100 declined 1.4 per cent, its worst one-day drop in seven weeks, while S&P 500 fell 0.5 per cent."},{"text":"Selloff in tech and AI-linked stocks deepened midday amid bearish headlines."},{"text":"Additionally, in the domestic market the IT sector stocks have showed positive performance on Friday."},{"text":"In early deals, Nifty IT increased by more than 3 per cent to 28,604 level."},{"text":"Sensex opened at 71,776.67 earlier in the day, up 183.43 points or 0.26 per cent. Nifty began trading session at 22,314.95, up 83.15 points or 0.37 per cent."}]}}},"relatedArticles":{"edges":[{"node":{"uid":"microsoft-defends-h-1b-hiring-amid-us-action","data":{"third_party_url":null,"title":{"text":"Microsoft defends H-1B hiring amid US action"},"img":{"url":"https://images.prismic.io/prad/a8c0aba9-64f5-4691-8697-2e51a5704761_microsoft.JPG?auto=format,compress"},"datetime":"2026-10-09T15:32:00+0000"}}},{"node":{"uid":"ktrs-must-go-call-on-gyanesh-kumar","data":{"third_party_url":null,"title":{"text":"KTR’s ‘Must Go’ Call on Gyanesh Kumar"},"img":{"url":"https://images.prismic.io/prad/7af16077-aa96-4acb-9baf-aeab45153a6a_KTR.JPG?auto=format,compress"},"datetime":"2026-10-09T06:28:00+0000"}}},{"node":{"uid":"andhras-34-bc-quota-dream-hit-by-sc","data":{"third_party_url":null,"title":{"text":"Andhra's 34% BC Quota Dream Hit by 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