From election night, Elon Musk played an extremely important role in Donald TrumpThe second term of bids have had a major impact on the administration through the leadership of the Ministry of Government Efficiency (DOGE). On May 28, 2025, Musk revealed that his time with the Trump administration was over. In X, he writes: “My appointment time as a special government employee is over. I would like to thank President @RealdonaldTrump for the opportunity to reduce wasteful spending,” he continued, “The @Doge mission will be strengthened over time as it will become a government-wide lifestyle.”
However, their alliance has been unraveled dramatically recently, leading to a highly publicized feud. The rift between Musk and Trump follows Musk’s sharp criticism of “One Big Beautiful Bill Act,” a key legislative initiative by the Trump administration. Musk has named the bill “unpleasant and hateful” and cites concerns over the possibility of a federal deficit of $2.5 trillion over the next decade. He also highlighted the rollback of the electric vehicle subsidy bill that directly affected Tesla’s profits.
Learn about mask net worth and other details as they change their dynamics and subsequent impact on mask’s financial position.
What is Mask’s net worth?
Musk currently has an estimated net worth of $388 billion. Forbes’ real-time billionaires list At the time of publication. Despite recent decline, he remains the wealthiest person in the world.
Mask’s wealth peaked at $464 billion on December 17, 2024, becoming the first individual to exceed $400 billion.
How did Mask make his money?
A significant portion of Musk’s net worth comes from Tesla’s 12% stake, representing approximately 412 million shares. He pledged 58% of his Tesla stock as collateral for a personal loan totaling $3.5 billion. In 2022, Musk sold $400 billion worth of Tesla stock to fund a $44 billion acquisition of Twitter. He later reformed with X.
Musk is also co-founder of SpaceX and the Boring Company and is chairman of SolarCity. He owns 43% of SpaceX, which is valued at $180 billion in the latest funding round and is currently estimated at $350 billion. In contrast, the boring company was valued at around $5 billion in its latest round.
Additionally, Mask owns approximately 54% of Xai, an artificial intelligence company founded in 2023. Wall Street Journal.
Who is the wealthiest person in the world?
As of today, according to the wealthiest people in the world Forbes’ real-time billionaires list teeth:
- Elon Musk – $388 billion
- Mark Zuckerberg– $236 billion
- Jeff Bezos – $223 billion
- Larry Ellison – $210 billion
