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Crypto Prune > Market > Elon Musk lost $15 billion from a feud with Trump
Market

Elon Musk lost $15 billion from a feud with Trump

7 months ago 3 Min Read

Elon Musk’s personal net worth has reduced $150 billion since the sudden and very common end to his work relationship with President Donald Trump, according to Bloomberg.

On December 17th, during the post-election phases of Trump’s election, Musk’s net worth reached an all-time high of $486 billion. Today he is worth $335 billion.

Despite working alongside Trump and his administration for several months, their working relationship fell apart this week, with Musk’s net worth plunging.

Disillusioned with the effectiveness of the government efficiency (DOGE) of masks once claimed by Tesla and SpaceX Supremo Save $2 trillion on US taxpayershe left Trump’s administration for good.

Even Doge, the cryptocurrency that counts Musk as the most influential champion, has fallen 75% since December 2024.

Over the past few days, Musk has been seeking Congressional votes for Trump’s big, beautiful $2.4 trillion bill, calling it a massive, outrageous, “pork-filled Congressional spending.”

Escalating the feud on the individual level, he hinted last night that Trump had inappropriate sexual interactions with minors via Jeffrey Epstein.

Read more: Insider Trading Litigation: Here’s how much Elon Musk pumped Doge

Elon Musk’s personal net worth calculation

There are six companies that primarily contribute to masks’ personal net worth. From the largest to smallest, these six stocks are Tesla, SpaceX, Xai, X (formerly Twitter), Neuralink, and the boring company.

Protos has compiled a table of personal net assets attributed to Musks from these six companies.

Conservative discounts on these estimates, such as a 5% discount on non-liquidation for Bloomberg private and public counterparts, or the impact of 15% price on selling a large block of certain equity, bring Bloomberg numbers in the table above. From about $350 billion to $335 billion.

See also  Vitalik Buterin proposes suppressing gas use with every Ethereum Transaction to increase ZKVM compatibility and security

In addition to the assets listed in the table above, Musk may also have other assets or liabilities that change his true status.

For example, he could have cash from previous stock sales, real estate holdings, artwork, personal property, startup equity, digital assets, intellectual property, or private equity.

Forbes, for example, diverges considerably from Bloomberg with Musk’s net worth estimates. Today, Forbes believes masks are worth it $398 billion vs Bloomberg’s more conservative $335 billion.

Whatever the true numbers are, Musk’s incredible decline in personal net worth since December 2024 is largely due to his withdrawal from Trump’s administration.

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