MuskWealthDrop

Elon Musk’s Net Worth Drops $22.2 Billion Amid Tesla’s Stock Plunge

Elon Musk, the Tesla CEO and world’s richest person, saw his net worth decline by $22.2 billion in a single day, bringing his total wealth to approximately $364.3 billion. This sharp drop follows a significant downturn in Tesla’s stock price. Since the start of 2025, Musk’s fortune has shrunk by about $102 billion—a 24% decline—leaving his estimated net worth at $330 billion.

The primary factor behind this loss is Tesla’s stock plummeting 35%, wiping out over $400 billion from the company’s market capitalization, now valued below $900 billion. Investor concerns have grown over Musk’s political involvement, particularly his substantial financial backing of Donald Trump’s re-election campaign and his subsequent appointment as head of the Department of Government Efficiency (DOGE). Many fear that these commitments could be diverting his focus from Tesla, potentially contributing to slowing sales in key markets.

Despite these financial setbacks, Musk still holds the title of the world’s wealthiest individual by a wide margin, with his fortune surpassing Amazon founder Jeff Bezos’ wealth by approximately $108 billion.

$DOGE

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