How Elon Musk Lost $116.3 Billion Since December

Written by Fabio Lucas Carvalho

Published on 06/03/2025 at 11:52

Updated on 06/03/2025 at 11:55

Foto: Reprodução

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The Billionaire Elon Musk Faced A Significant Drop In His Net Worth This Year, Reflecting Challenges Faced By His Companies And Volatility In Investments.

The recent stock market downturn resulted in a significant loss in Elon Musk’s net worth. According to data from Forbes, the billionaire, who leads Tesla and other companies, saw his fortune decrease by US$ 7.1 billion last Tuesday.

As a result, his net worth dropped to US$ 347.7 billion on Wednesday, marking a significant reduction of US$ 116.3 billion since the record of US$ 464 billion recorded in December.

The Reason For Elon Musk’s Drop

The decline accompanies the drop in Tesla’s shares, which closed the day at US$ 272, the lowest closing price since the election. In December, the automaker’s stock hit US$ 480, boosting Musk’s fortune. However, the scenario has changed, and investors are now facing a much more modest valuation.

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Lost More Than Bill Gates’ Fortune

To put Musk’s loss into perspective, the US$ 116 billion he saw disappear exceeds the total fortune of Bill Gates, co-founder of Microsoft, currently estimated at US$ 108.1 billion. Furthermore, Musk’s fortune is still greater than that of Indian businessman Mukesh Ambani, who has US$ 85.6 billion.

Tesla faces significant challenges amid the Trump administration’s trade policies. China is the second largest market for its electric vehicles, and trade restrictions could directly affect its sales.

Additionally, Tesla’s dependence on imported parts exacerbates the situation. The company’s CFO, Vaibhav Taneja, warned in January that the tariffs would impact the automaker’s operations and profitability, which still relies on foreign components for its production.

Even with the recent drop, Tesla’s shares have gained 8% since election day. However, this growth is small compared to the 91% increase recorded until December.

The initial increase occurred amid expectations that Musk’s donations to Republican and Trump campaigns, totaling nearly US$ 300 million, would result in regulatory benefits for Tesla.

Despite the losses, Musk still maintains a comfortable position among the world’s wealthiest. Since the election, his fortune increased by US$ 83.3 billion, driven by higher valuations of his private companies, such as SpaceX and xAI. Market volatility, however, remains a risk factor for the billionaire and his automaker.

7 Comments

most recent

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José soller Lopes filho

#128930

09/03/2025 08:55

Tomara esse **** **** e drogado acabe falido e na Cracolândia

Respond

Paulo Mascarenhas

#128902

09/03/2025 06:16

Gente, vamos organizar uma vakinha pra ajudar o cara. Com essa perda só sobrou 347 bilhões de dólares. Não dá pra viver só com isso

-1

Respond

Geova

#128825

08/03/2025 15:26

Musk é pobre de Espírito e não importa o dinheiro que ele tem ! Será sempre pobre

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How Elon Musk Lost $116.3 Billion Since December

The Billionaire Elon Musk Faced A Significant Drop In His Net Worth This Year, Reflecting Challenges Faced By His Companies And Volatility In Investments.

The Reason For Elon Musk’s Drop

Lost More Than Bill Gates’ Fortune

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How Elon Musk Lost $116.3 Billion Since December

The Billionaire Elon Musk Faced A Significant Drop In His Net Worth This Year, Reflecting Challenges Faced By His Companies And Volatility In Investments.

The Reason For Elon Musk’s Drop

Lost More Than Bill Gates’ Fortune

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

The end of Nokia: the brand that was the cellphone of an entire generation has ended its smartphones, left Brazil, and today survives only in basic phones in India while seeking a new partner.

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The “dock ship” that deliberately sinks to swallow superyachts like toys: Yacht Servant is 214 meters long, 46 meters wide, has a 6,380 m² deck, and uses float-on/float-off operation to transform maritime luxury into a semi-submersible parking lot.

The “dock ship” that purposely sinks to swallow superyachts like toys: Yacht Servant is 214 meters long, 46 meters wide, has a 6,380 m² deck, and uses float-on/float-off operation to transform maritime luxury into a semi-submersible parking lot.

The “dock ship” that purposely sinks to swallow superyachts like toys: Yacht Servant is 214 meters long, 46 meters wide, has a 6,380 m² deck, and uses float-on/float-off operation to transform maritime luxury into a semi-submersible parking lot.

The “dock ship” that purposely sinks to swallow superyachts like toys: Yacht Servant is 214 meters long, 46 meters wide, has a 6,380 m² deck, and uses float-on/float-off operation to transform maritime luxury into a semi-submersible parking lot.

The so-called Ponte do Futuro, costing nearly half a billion reais, is progressing in its construction and promises to significantly shorten travel time for the population.