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

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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

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

A giant brown band visible from space, approximately 8,850 kilometers long, connected Africa to America in the Atlantic Ocean, and satellites revealed that it is neither land nor pollution, but the largest accumulation of seaweed in the world, which broke records in 2025.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

In just one cast, fishermen are surprised to capture 14,096 mullets in Bombinhas and close a historic season with 58,000 fish; scene recorded in the Santa Catarina paradise marks the last day of the 2026 season.

Using high-resolution satellite images, archaeologists rediscovered the Egyptian city of Imet, buried for centuries in the Nile Delta, revealing rare multi-story houses, granaries, and a sacred road linked to the cobra goddess Wadjet, from about 2,400 years ago.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

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