General Discussion

- Fortune, Feb. 11, 2025 - - After reaching a net worth of more than $486 billion in December, Elon Musk’s wealth has sunk below $400 billion for the first time in 2025. Tesla—where Musk derives about 60% of his wealth—has had an abysmal year. Waning demand and Musk’s continued controversial foray into politics have helped drive the stock down 27%.

Elon Musk has lost nearly $90 billion of his wealth in less than two months, pushing his net worth below $400 billion for the first time this year, according to the Bloomberg Billionaires Index, as Tesla weathers a double-digit stock slump.

Musk’s wealth reached historic heights in December when he became the first person to boast a net worth of $400 billion. That astronomical figure continued to climb until Dec. 17, when Musk’s wealth peaked at $486.4 billion, thanks to SpaceX’s $350 billion valuation and investors’ big bet on Musk’s expansive role in President Donald Trump’s inner circle.

Just two months later, Musk’s net worth has been humbled by Tesla’s share price, which has cratered 27% in less than two months. Tesla saw its first year-over-year sales loss in more than a dozen years, selling 20,000 fewer vehicles in 2024 than the year before, as it competes with China’s more affordable BYD