#TrumpVsMusk
The public dispute involving US President Donald Trump and billionaire Elon Musk led to a sharp drop in the stock prices of their companies, Reuters reported.
Musk's company Tesla's securities lost nearly 15% in just a few hours – from $322 to $275 per unit. Meanwhile, shares of Trump Media & Technology Group, founded by the Republican in 2021, fell by approximately 11%, decreasing from $21.8 to $19.3.
Due to the conflict with Trump and a series of mutual tweets with threats, Elon Musk lost $34 billion in the past day (having lost $97.9 billion in 2025). His net worth is now estimated at $334.5 billion, but he still holds the top spot on the list of the world's richest people.