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Breitbart

Elon Musk's Net Worth Plunges by $650 Billion as Tesla and SpaceX Shares Decline Sharply

Saturday, July 25, 2026


Elon Musk's net worth decreased by approximately $650 billion to $700 billion over a five-week period, according to valuations tracking changes in Tesla and SpaceX share prices. Tesla and SpaceX stock prices declined during this timeframe. Musk's net worth is primarily derived from his ownership stakes in both companies.

Original reporting: https://www.breitbart.com/tech/2026/07/25/elon-musks-net-worth-plunges-by-650-billion-as-tesla-and-spacex-shares-decline-sharply/

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