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Fortune
Fortune
Sasha Rogelberg

Trump’s first 100 days in office have cost Elon Musk $113 billion of his net worth

Elon Musk (right) and Donald Trump (Credit: Aaron Schwartz/CNP/Bloomberg—Getty Images)
  • Elon Musk’s net worth has plummeted 25%—or about $113 billion—since President Donald Trump’s inauguration. Tesla’s stock, from which Musk derives about 60% of his wealth, has nose-dived as sales for the EV plunge, in part a result of negative sentiment about his involvement in DOGE.

Elon Musk has lost more than $1 billion per day, on average, in the first 100 days of President Donald Trump’s second term. The Tesla CEO has seen a total of about $113 billion, or 25%, of his personal wealth diminish since Jan. 17, according to the Bloomberg Billionaires Index.

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