Elon Musk’s Net Worth Plummets Amid DOGE Takeover

Bogdan Hofbauer

Elon Musk’s net worth dropped by $22.2 billion on Tuesday, suggesting that the markets don’t have nearly as much confidence in Musk and Trump’s DOGE slashing and grabbing as they do. This is the fourth-largest one-day drop in net worth for the billionaire, according to Bloomberg. The losses are most visible in the European market for Musk’s Tesla company. Tesla sales were cut in half in January as Musk’s international political meddling grows increasingly unpopular across the continent. In the

Elon Musk’s Net Worth Plummets Amid DOGE Takeover https://newrepublic.com/ - 26.02.2025 18:03

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Elon Musk’s Net Worth Plummets Amid DOGE Takeover https://newrepublic.com/ - 26.02.2025 18:03