Elon Musk's net worth fell by $22.2 billion in a single day, leaving him with approximately $364.3 billion.
Elon Musk, CEO of Tesla and the world's richest individual, has experienced a significant decrease in his net worth due to a sharp decline in Tesla's stock price. Since the beginning of 2025, his wealth has diminished by approximately $102 billion, equating to a 24% reduction, bringing his current net worth to about $330 billion.
This decline is primarily attributed to a 35% drop in Tesla's stock value, which has reduced the company's market capitalization by over $400 billion, now standing below $900 billion. Investors have expressed concerns over Musk's political involvement, particularly his substantial investment in Donald Trump's re-election campaign and his subsequent role as head of the Department of Government Efficiency (DOGE). These activities have raised questions about potential distractions from his responsibilities at Tesla, contributing to decreased sales in various markets.
Despite these financial setbacks, Musk maintains a substantial lead over other billionaires, with his net worth still approximately $108 billion higher than that of Amazon founder Jeff Bezos.
