As of now in March 2024, Elon Musk has faced significant losses in his wealth due to the decline in stock prices of his companies, especially **Tesla** and **X (formerly Twitter)**.
### **Main Reasons for the Losses:**
1. **Decline in Tesla Stock**:
- Tesla stock (TSLA) decreased by about **~12%** in March (as of March 29, 2024).
- Since the beginning of 2024, the stock has lost more than **~30%** due to concerns over demand for electric vehicles and increasing competition.
2. **Issues with X (X)**:
- The company continues to suffer from declining revenues and advertisements, affecting its valuation.
3. **Decline in SpaceX Stock (Private)**:
- While SpaceX is not publicly listed, some reports indicate a slowdown in the growth of its market value.
### **Estimated Loss of Elon Musk's Wealth in March 2024:**
- According to the **Bloomberg Billionaires Index**, Musk has lost about **~$25 billion** in March (so far).
- His total wealth is around **~$175 billion** (down from over $200 billion in 2023).
### **Conclusion:**
The monthly loss percentage is approximately **~12-15%** of his total wealth, with continued fluctuations due to the performance of Tesla and his other companies.
> ⚠️ **Note:** The figures are approximate and may change with market fluctuations.