Here’s How Much Elon Musk Has Lost Since Splitting from Trump

Elon Musk's financial standing has taken a major hit, with his net worth shrinking by $70 billion since his public fallout with Donald Trump.

Once valued at $486 billion in mid-December, Musk’s fortune now sits closer to $335 billion, according to Bloomberg estimates.

The sharp decline coincides with a 15% drop in Tesla’s stock over just five days—significant, given it’s the only public company in Musk’s portfolio and a major pillar of his wealth. Musk’s broader empire, including SpaceX, xAI, X (formerly Twitter), and Neuralink, also contributes heavily to his valuation, but Bloomberg applies downward adjustments for illiquidity and concentration risk.

The rift with Trump appears to have accelerated the downturn. Musk’s brief stint running the Department of Government Efficiency (DOGE) under the Trump administration ended abruptly, with Musk now criticizing Trump’s spending proposals and publicly opposing a $2.4 trillion budget plan.

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Adding to the chaos, DOGE—the memecoin Musk frequently endorsed—has plunged 75% since December 2024. Meanwhile, Musk’s jab at Trump, alluding to ties with Jeffrey Epstein, has intensified the personal and political feud.

Despite varying estimates—Forbes still places his net worth at nearly $400 billion—the recent turmoil marks one of the steepest short-term declines in Musk’s financial history, underscoring how quickly fortunes can shift when politics and markets collide.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.