The fate of the world’s richest man has taken a big hit. Elon Musk, whose assets reached $ 486 billion in December 2024, saw a decline of $ 132 billion in her total assets since the beginning of this year. On Monday alone, Musk lost $ 29 billion. For Musk’s fate, it is responsible for the huge -scale hit Tesla’s decreasing shares and the projection below the company’s sales, as he took over as the head of the US Government Efficiency Department (DOGE). Tesla’s sales have fallen dramatically, the company’s orders in Germany have declined by 70 percent, its shipments are 49 percent lower in China. Tesla’s stock ended on Monday, 10 March at $ 222.15 on NASDAQ, falling at 15.43 percent or $ 40.52.

However, despite being a big hit for his wealth, he is still the richest man in the world with a thick margin. He is still a rich of about $ 80 billion compared to the second richest man, the head of Oracle, Larry Alison, who is currently his net worth $ 235 billion.

Elon Musk’s net worth saw a significant growth at the end of last year when Tesla’s shares climbed 3.8 percent in November 2025, with a high level of $ 352.56 per share in 3.5 years. This growth added $ 7 billion to his money, causing his total net asset to $ 321.7 billion by the end of Trading Day. Interestingly, a few months ago, the increase in the price of Tesla’s share was related to investor optimism about a regulatory landscape that could benefit the company’s self-driving vehicles under Donald Trump’s presidential post.

Many of Musk’s undertakings are believed to be considered a major reason behind their large scale fate. His most recent enterprise, XAI, is a common AI company, has played an important role in his growing fate. The company has been reportedly given a price of $ 50 billion, which is $ 13 billion in their net worth. Musk has a 60 percent stake in XAI.

Musk’s money is also deeply linked to SpaceX, which is reportedly priced at $ 210 billion, making Musk’s 42 percent stake in the company $ 88 billion. Additionally, Musk has invested in several other undertakings including neurlinks, focused on brain implants and X (east Twitter). However, these holdings are relatively modest compared to their primary assets.

Musk’s fate is growing so fast that a report in September 2024 estimated that he could become the world’s first trillionaire by 2027. The report was shared by Dubai -based Inferma Connect Academy. Musk’s money was mentioned to grow at an annual rate of more than 110 percent.