These are 7 ‘enemies’ of Allen Musk’s wealth, who grabbed 7 lakh crores in 2 months
Rahul Tiwari March 05, 2025 09:21 AM
The world's richest man Alan Musk's net worth has decreased by about $ 90 billion in just a week after reaching a record 486 billion dollars. The special thing is that even after losing so much wealth, Alan Musk remains the richest businessman in the world. According to the Bloomberg Billionaires Index, the net worth of Tesla's CEO is $ 351 billion, or about 30.70 lakh crore rupees. If we talk about the two months of the current year, then they have lost more than $ 81 billion i.e. 7 lakh crore rupees due to their wealth. Let us also tell you what are the 10 reasons, due to which there has been such a decline in their net worth.
How are you still the richest man?
By March 2, 2025, the largest part of Allen Musk's property comes from his stake in SpaceX. Alan Musk is owned by the company of about 42 per cent of the company through a trust. Based on the December 2024 tender offer, the value of SpaceX was around $ 350 billion, making the musk share to $ 136 billion. He has a 13 percent stake in the world's most valuable car maker Tesla, the second biggest contribution to his total net worth. Tesla's value was $ 942.37 billion until the market was closed on Friday, 28 February, 2025. Which is about $ 120 billion of Musk's total assets.
Musk also holds a 79 per cent stake in the social media platform X (East Twitter), an original company, Exorcor. However, according to the value prescribed by Fidelity Blue Chip Growth Fund, X's value has fallen by about 69 per cent since Mask purchased it in 2022 for $ 44 billion. As a result, his stake in X Corp is now $ 8.06 billion. In addition, Musk has a stake in XAI, The Boring Company and Neuralink, which costs $ 22.6 billion, $ 3.33 billion and $ 2.07 billion respectively. Musk has said that he does not get salary for his work in the Government Expeditious Department (DOGE) of the US government. According to Bloomberg, his diverse liabilities are $ 23.2 billion.
7 enemies of Alan Musk's net worth
SpaceX CEO Elon Musk suffered the most loss due to the success of DipC, his total assets lost an estimated $ 90 billion. In early February, his total assets fell from $ 433 billion to $ 349 billion by the end of the month.
The poor performance of Tesla's shares has raised concerns among its investors. According to the Bloomberg Billionaires Index, the shares of the electric car maker have declined by about 13.4% from the beginning of 2025. Tesla's shares have seen a 27 per cent decline from the December summit. At that time Musk's assets reached $ 486.4 billion.
About 60 percent of the assets of Musk come from Tesla's shares and options. Tesla's shares are declining and some investors are gearing up for the difficult times to come. Last week, Tesla's shares had the worst week since October, with disappointing global cells to fall by about 11 per cent. Tesla did not meet the expectations of the fourth quarter Revenue Wall Street.
Steve Sosanic, the chief strategist of interactive brokers, told Bloomberg that it is a challenge to point down for stocks like Tesla. Even after that, many analysts have slightly downed Tesla's shares.
The world's largest EV company Tesla's total sales are seen to decline, as the purchase of vehicles among American consumers is decreasing. The Guardian says that this is also a major reason for the sudden decline in Musk's total property growth.
Tesla's stock booured after the US election, which was oppressed by optimism about Allen Musk's relationship with President Donald Trump. In January, the company's sales were seen to decline. Due to which for the first time after more than ten years, the company's annual sales fell to the first time. This week, Tesla's market cap went below 1 trillion dollars for the first time since November.
Alan Musk's busyness in politics has allegedly worried the investors who want to see him spending more time in running the EV maker. Some critics say that Musk's move to lead the "squad team" is negatively impacting the new US government on their business.