john9800333
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Elon Musk’s net worth recently dropped by $22.2 billion in a single day, bringing his total wealth to around $364.3 billion. The Tesla CEO and world’s richest person has seen a significant decline in his fortune, primarily due to a steep fall in Tesla’s stock price. Since the start of 2025, his wealth has shrunk by about $102 billion—a 24% decrease—leaving him with an estimated net worth of $330 billion.
The primary cause of this decline is Tesla’s stock losing 35% of its value, which has erased over $400 billion from the company’s market capitalization, now below $900 billion. Investor concerns have grown over Musk’s political engagements, particularly his large financial support for Donald Trump’s re-election campaign and his subsequent appointment as head of the Department of Government Efficiency (DOGE). These activities have sparked worries that Musk may be distracted from his leadership at Tesla, potentially contributing to declining sales in various markets.
Despite these setbacks, Musk remains the wealthiest individual by a considerable margin, with his fortune still exceeding that of Amazon founder Jeff Bezos by approximately $108 billion.
#USStocksPlunge #ETHWhaleLiquidation #WhaleAccumulation
The primary cause of this decline is Tesla’s stock losing 35% of its value, which has erased over $400 billion from the company’s market capitalization, now below $900 billion. Investor concerns have grown over Musk’s political engagements, particularly his large financial support for Donald Trump’s re-election campaign and his subsequent appointment as head of the Department of Government Efficiency (DOGE). These activities have sparked worries that Musk may be distracted from his leadership at Tesla, potentially contributing to declining sales in various markets.
Despite these setbacks, Musk remains the wealthiest individual by a considerable margin, with his fortune still exceeding that of Amazon founder Jeff Bezos by approximately $108 billion.
#USStocksPlunge #ETHWhaleLiquidation #WhaleAccumulation
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