Elon Musk’s Net Worth Plunges Despite Diversified Portfolio

Elon Musk remains the world’s richest person despite losing $81 billion in just two months, according to the Bloomberg Billionaires Index. His net worth currently stands at $351 billion, with SpaceX contributing the largest portion of his wealth.

As of March 2, 2025, Musk owns approximately 42% of SpaceX, which was valued at nearly $350 billion based on a December 2024 tender offer. Tesla, his other notable investment, accounts for around 13% of his net worth and is currently valued at $942.37 billion.

Musk’s stake in X Corp, the parent company of social media platform X (formerly Twitter), has declined by approximately 69% since its acquisition in 2022. However, he still owns a significant portion, valued at $8.06 billion.

Other ventures, such as AI, The Boring Company, and Neuralink, contribute to Musk’s diversified portfolio. Despite experiencing losses in some areas, his net worth has remained stable due to the growth of other businesses.

Musk’s preoccupation with politics has raised concerns among investors, who would like to see him focus more on running Tesla. However, his diverse business ventures have helped maintain his position as the world’s richest person.

As the situation continues to unfold, it will be interesting to see how Musk’s net worth adjusts in the coming months and years.

Source: https://economictimes.indiatimes.com/news/international/global-trends/us-news-elon-musk-lost-rs-7-lakh-crore-in-just-2-months-of-2025-but-is-still-the-worlds-richest-man-tesla-spacex-x-corp-heres-why/articleshow/118713363.cms?from=mdr