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macroAug 9, 2026, 1:44 AM

Elon Musk’s Net Worth Has Fallen by Over $750 Billion From Its Peak

Elon Musk’s estimated net worth has declined by more than $750 billion from its all-time high, driven by plunging valuations of Tesla and SpaceX.

TSLA

Elon Musk’s wealth has experienced a historic drop, with estimates showing his net worth has tumbled over $750 billion from its peak. The decline now outstrips the entire fortune of the world’s second-richest individual, according to recent Forbes-based calculations.

The slump is largely attributed to sharp falls in the valuations of Musk’s key ventures. Both Tesla’s market capitalization and SpaceX’s private valuation have plunged, erasing massive amounts from his personal fortune.

While exact figures fluctuate, the $750 billion-plus decline highlights the concentrated nature of Musk’s wealth and its vulnerability to tech and equity market swings.

Source: First Squawk