Elon Musk's fortune has taken a significant hit due to a recent tech sell-off. This downturn has erased billions from his wealth, causing him to lose his trillionaire status. Musk had achieved the milestone of being worth over $1 trillion less than two weeks prior to this development.

Further details on this change in Musk's financial situation are available from FOX 4 KDFW, based in the Dallas-Fort Worth area, including Denton, TX.