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Fortune
Fortune
Sasha Rogelberg

Elon Musk’s net worth falls below $400 billion for the first time this year after Tesla’s 27% stock avalanche the last two months

Photo of Elon Musk (Credit: CHIP SOMODEVILLA/POOL/AFP—Getty Images)
  • 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.

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