Summary
Elon Musk’s net worth has dropped by $110.8 billion since its peak in December 2024, largely due to Tesla’s stock decline following Donald Trump’s new tariffs on Canada, Mexico, and China.
However, his close ties to Trump and influence over government contracts, including Starlink deals, may help him recover.
Please look at the 12, 24 and 60 months chart : i will be happy when TSLA is 30% or more below the price it was when he completed the Twitter buyout. Also some of his mission critical money is under non publicity traded companies: the space stuff that will get government contracts. Letting Tesla suffer is good theatre.