Elon Musk net worth

Twitter's new owner was the world's wealthiest person in 2022. Tanking values in his Tesla shares has wiped out billions.

“Tesla is executing better than ever!” he wrote on Twitter last month. That value dropped 65 per cent in 2022, [$7,500 discount](/news/tesla-ap-elon-musk-detroit-texas-b2250314.html) on some of its models, and the company is reportedly [reducing production](/tech/tesla-stock-price-elon-musk-b2253647.html) at its Shanghai facility. [fired ](/tech/elon-musk-twitter-tweet-hardcore-staff-b2226187.html)hundreds of employees, [suspended journalists](/tech/elon-musk-jouranlists-suspended-free-speech-b2247013.html) who cover his companies, [stopped regulating](/news/world/americas/us-politics/elon-musk-fauci-twitter-prosecute-b2243160.html) the spread of Covid-19 disinformation, and [allowed neo-Nazi users](/news/world/americas/elon-musk-twitter-suspended-accounts-b2239851.html) and other previously banned accounts to return. The decline in Tesla shares has been so steep, and Mr Musk has sold so much to help cover his exorbitant $44bn Twitter purchase, that Tesla is no longer his biggest asset, according to Bloomberg. [Elon Musk](/topic/elon-musk) is now the first-ever person to lose it.

If you have lost money in shares recently, read this. Tesla and Twitter CEO Elon Musk has become the first person ever to lose $200 billion from his net ...

[Elon Musk](/topic/elon-musk)has become the first person ever to lose $200 billion from his net worth, and is still making jokes on the micro-blogging platform. IN PICS [Musk](/topic/musk)has now seen his wealth drop to $137 billion following a recent drop in Tesla shares.

San Francisco: If you have lost money in shares recently, read this. Tesla and Twitter CEO Elon Musk has become the first person ever to lose $200 billion.

Musk had admitted to having too much on his plate, and is finding a new Twitter CEO. According to a Bloomberg report, Musk has now seen his wealth drop to $137 billion following a recent drop in Tesla shares. Tesla and Twitter CEO Elon Musk has become the first person ever to lose $200 billion from his net worth, and is still making jokes on the micro-blogging platform.

The Tesla CEO has seen his wealth tumble in recent weeks after shares of the electric car maker tumbled.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). "You can get some pretty extreme things happening in a down market." Musk's stake in his closely held Space Exploration Technologies Corp., at $44.8 billion, exceeds his approximately $44 billion position in Tesla stock (he still has options worth an estimated $27.8 billion). That is the real problem here." For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Musk now owns 42.2% of SpaceX, according to a recent filing. "Tesla is executing better than ever!" and Google parent Alphabet Inc., even though its electric vehicles represented only a sliver of the overall auto market. "We don't control the Federal Reserve. It's offering US consumers a rare $7,500 discount to take delivery of its two highest-volume models before year-end, while also reportedly reducing production at its Shanghai plant. His fortune peaked at $340 billion on Nov. Musk, 51, has seen his wealth plummet to $137 billion after Tesla shares tumbled in recent weeks, including an 11% drop on Tuesday, according to the Bloomberg Billionaires Index.

Musk, 51, previously became the second person ever to amass a fortune of more than $200 billion in January 2021, after Amazon founder Jeff Bezos. Musk has now ...

[Tesla shares](https://www.foxbusiness.com/markets) have taken a hit this year, with stocks down 65% as of December 30. Musk has already said he will name a new CEO for the social media platform after posting a Twitter poll asking users whether he should step down as the head of the company. Musk, 51, previously became the second person ever to amass a fortune of more than $200 billion in January 2021, after Amazon founder Jeff Bezos.

51-year-old Musk has seen his wealth plummet to $137 billion according to the Bloomberg Billionaires Index. Musk's net worth peaked at $340 billion on November ...

And to cover up for the mammoth Twitter deal, Musk has already twice sold Tesla shares post the Twitter acquisition, which contributed to his net worth plummeting. He has also been applying content policies haphazardly to justify banning the accounts of some prominent journalists who cover him, the report mentioned. Musk's stake in his closely held SpaceX, at $44.8 billion, exceeds his approximately $44 billion position in Tesla stock (he still has options worth an estimated $27.8 billion). That is the real problem here." "You can get some pretty extreme things happening in a down market." "Tesla is executing better than ever!" 17](#highlight_128421) [Musk has been heavily preoccupied with Twitter, which he acquired for $44 billion in late October 2022.](#highlight_128422) [Musk has already twice sold Tesla shares post the Twitter acquisition](#highlight_128423) Musk now owns 42.2% of SpaceX, according to a recent filing. Musk’s EV company Tesla exceeded a $1 trillion market capitalization for the first time in October 2021, joining the likes of tech giant Apple., Microsoft Corp., Amazon. Arnault currently has a net worth of $162 billion. Musk's net worth peaked at $340 billion on November 4, 2021, and he remained the world's richest person until he was overtaken last month by [Musk's net worth peaked at $340 billion on November 4, 2021](#highlight_128419) [The decline in Tesla shares has been so steep that the shares fell over 65% in 2022](#highlight_128420) ["Tesla is executing better than ever!"