Elon Musk's net worth falls below $400 billion for first time in 2025

Photo : Instagram / @styleb2004

Elon Musk’s money has gone below $400 billion for the first time in two months because Tesla’s stock is falling. The company’s share price has dropped by 27% after reaching its highest point in mid-December. Many investors had hoped that Musk’s close ties with President Donald Trump would help Tesla, but so far, there have been no big benefits.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel  

Most of Musk’s money comes from Tesla shares and stock options, making up more than 60% of his wealth. His total money was highest at $486.4 billion on December 17, just after Trump won the election, according to a billionaire ranking. But as Tesla’s stock keeps falling, Musk’s wealth is also going down. Last week was one of the worst for Tesla, with an 11% drop in share price after the company reported poor monthly sales. Sales in Germany dropped by 59% to the lowest level since 2021, while in China, sales went down by 11.5% because local car company BYD is giving strong competition.

Tesla’s stock price kept falling on Monday, making it the fourth day in a row. The shares went down by 3% to $350.73 in New York trading. Many people are watching Musk’s political moves closely. Since Trump became president, Musk has spent a lot of time in Washington. He has been working on cutting government costs, checking the country’s money system, and supporting a plan to reduce the number of government workers by offering them pay if they leave their jobs.

Even with all this, investors are still unsure about Tesla’s future. Many had expected Trump’s government to introduce new rules that would help electric cars and self-driving technology, but that has not happened yet. Some experts now doubt Tesla’s plan for self-driving taxis, especially after the company removed its production estimates from its latest financial report.

Even though Tesla is still Musk’s biggest source of money, its falling stock price is affecting his total wealth. At the same time, Musk’s other companies, like SpaceX and xAI, are getting more money from investors, which means Tesla is now a smaller part of his fortune. Musk owns 42% of SpaceX, which is worth about $136 billion—almost as much as his Tesla shares at market closing.

Apart from Tesla and SpaceX, Musk is also leading a group of investors who want to buy OpenAI, the company that created ChatGPT. They have offered nearly $95 billion to buy it. However, OpenAI’s CEO, Sam Altman, has rejected the offer. He made it clear in a post on X, the social media platform owned by Musk, that he is not interested in selling.

#trending #latest #ElonMusk #Tesla #TeslaStock #StockMarket #BusinessNews #TechNews #MuskWealth #ElectricCars #EVMarket #SpaceX #OpenAI #AIIndustry #FinancialNews #InvestorUpdate #MarketTrends #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #bestnewschanneldubai #bestnewschannelUAE #bestnewschannelabudhabi #bestnewschannelajman #bestnewschannelofdubai #popularnewschanneldubai

Standing 13,000 feet high in Dubai, this penthouse sits in the world’s tallest tower...Read More.

By December 2024, the total number of title deeds issued reached approximately 233,345...Read More.