Elon Musk's net worth dropped over $100 billion

Elon Musk's net worth has dropped by over $100 billion in 2025, according to the Bloomberg Billionaires Index. This decline is mainly due to Tesla's falling stock price and increased competition in the electric vehicle market. Tesla's stock has decreased by 45 percent since its peak in December 2024, with a nearly 35 percent drop in 2025. Musk's wealth is also affected by uncertainty surrounding his compensation package at Tesla, which a judge recently ruled void. Despite the loss, Musk remains the world's richest person, with an estimated net worth of $330 billion as of March 9, 2025. His other ventures, including SpaceX and X, have also faced challenges recently.