Musk’s Net Worth Falls Below $400 Billion for First Time in 2025
- Tesla shares have tumbled 27% since peaking in December
- Musk’s wealth has dropped from all-time high of $486 billion
This article is for subscribers only.
Elon Musk’s net worth fell below $400 billion for the first time in two months, dragged down by a double-digit slide in Tesla Inc.’s share price.
The automaker’s stock has fallen 27% after hitting an all-time high in mid-December on hopes that Musk’s proximity to President Donald Trump would boost the company’s fortunes. Tesla shares and options make up more than 60% of Musk’s wealth, which peaked at $486.4 billion on Dec. 17 in the wake of Trump’s election, according to the Bloomberg Billionaires Index.