Elon Musk’s private web value has declined $70 billion because the abrupt and really public finish to his working relationship with President Donald Trump, based on Bloomberg knowledge.
On December 17, within the midst of Trump’s post-election run-up, Musk’s web value hit an all-time excessive of $486 billion. Right this moment, he’s value $335 billion.
To be precise, Tesla — the one publicly traded firm in his portfolio — is down 15% within the final 5 days. Assuming Tesla is consultant of Musk’s total web value, this decline represents half of his complete 30% loss since December 17.
Regardless of a number of months working side-by-side with Trump and his administration, their working relationship fell aside this week — sending Musk’s web value plummeting.
Disenchanted with the effectiveness of Musk’s Division of Authorities Effectivity (DOGE) that the Tesla and SpaceX supremo as soon as claimed would save American taxpayers $2 trillion, he has left Trump’s administration totally.
Even DOGE, the crypto asset that counts Musk as its most influential champion, is down 75% from its December 2024 excessive.
Over the previous couple of days, Musk has known as for Congressional votes in opposition to Trump’s $2.4 trillion One Massive Lovely Invoice, calling it huge, outrageous, and “pork-filled Congressional spending.”
Escalating the feud on a private degree, he insinuated final evening that Trump had inappropriate sexual interactions with minors by way of Jeffrey Epstein.
Learn extra: Insider buying and selling lawsuit: Right here’s how a lot Elon Musk pumped DOGE
Calculating Elon Musk’s private web value
There are six corporations that primarily contribute to Musk’s private web value. From largest to smallest, these six equities are Tesla, SpaceX, xAI, X (previously Twitter), Neuralink, and The Boring Firm.
Protos has compiled a desk of the private web value that may be attributed to Musk from these six corporations.
| Firm | Worth | Musk’s fairness | Worth to Musk |
| Tesla | $975 billion | 12.7% | $123 billion |
| SpaceX | ~$350 billion | 42% | ~$147 billion |
| xAI | ~$113 billion | 33% | ~$37 billion |
| X (Twitter) | ~$44 billion | ~74% | ~$32 billion |
| The Boring Firm | ~$7 billion | ~90% | ~$6 billion |
| Neuralink | ~$9 billion | ~54% | ~$5 billion |
| Crypto | Undisclosed | Undisclosed | Undisclosed |
Conservative reductions to those estimates, corresponding to Bloomberg’s 5% low cost for the illiquidity of personal corporations versus their public counterparts, or an assumed 15% price affect of promoting massive blocks of sure fairness, carry Bloomberg’s figures within the above desk from about $350 billion down to $335 billion.
Along with the property listed within the desk above, Musk may also produce other property or money owed that might modify his true standing.
For instance, he may need money from earlier inventory gross sales, actual property holdings, art work, private property, startup fairness, digital property, mental property, or personal fairness.
Forbes, for instance, diverges from Bloomberg significantly in its web value estimate for Musk. Right this moment, Forbes thinks Musk is value $398 billion versus Bloomberg’s extra conservative $335 billion.
Regardless of the true determine, Musk’s staggering decline in private web value since December 2024 is primarily attributable to his exit from Trump’s administration.
Obtained a tip? Ship us an electronic mail securely by way of Protos Leaks. For extra knowledgeable information, comply with us on X, Bluesky, and Google Information, or subscribe to our YouTube channel.
Edit 19:00 UTC, June 6: Edited headline for readability