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Elon Musk’s net worth has dropped by more than $144 billion since December, according to a report. Details of the story in the first comments👇

Elon Musk’s Net Worth Has Dropped by $111 Billion — Report
Photo by Jabin Botsford/The Washington Post via Getty Images
Yahoo is using AI to generate lon Musk’s net worth has taken a significant hit as Tesla’s stock continues to decline. Recent estimates show that his net worth has declined by billions, representing one of the most significant drops in recent years. The decline comes amid a broader market downturn and new trade tariffs imposed by President Donald Trump.
Here’s what we know about Musk’s financial losses and Tesla’s struggles.
Elon Musk’s fortune has seen a $111 billion decrease from its peak
Elon Musk’s net worth has dropped by $111 billion from its peak, primarily due to Tesla’s stock declining by over 40%.
As of Tuesday, Musk’s wealth stood at $353.2 billion, down from its December 17 record of $464 billion when Tesla stock was priced at $480 per share (via