Finance

Musk's net worth has fallen below $300 billion for the first time since November 2024

Tesla and SpaceX CEO Elon Musk's net worth has fallen below $300 billion for the first time since November 2024, according to the Bloomberg Billionaires Index (BBI).

"Musk lost $4.4 billion on Monday as Tesla shares continued to fall, bringing his total net worth to $297.8 billion," the report said.

Musk has lost $134.7 billion since the beginning of 2025. According to the BBI, the world's richest people have lost $208 billion since US President Donald Trump announced tariffs on imports from several countries.

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