Has Elon Musk lost money with Trump? The numbers show the opposite

Has Elon Musk lost money with Trump? The numbers show the opposite


During the electoral year, Musk’s wealth increased by $ 188 billion, the largest increase among all multimilionaries




Elon MuskCEO of Tesla and Founder of Spacex, has seen his astronomical fortune to reduce billions of dollars since then Donald Trump assumed the presidency of United States. Councilor and member of the United States government, the billionaire accumulates significant losses in a few months of republican management. However, contrary to popular belief, the balance of billionaire has been more positive than negative since he was alienated with the President of the United States.

Although he has undergone losses due to the orders of President Donald Trump to impose rates on the products imported by the Americans, Musk has a much bigger equity today than he had before Trump was declared a winner in the electoral dispute of 2024. The businessman, the richest man in the world today, has a fortune of luck 369.8 billion dollars (R $ 2.1 trillion).

Below, the Earth He explains in detail the growth curve of the fortune of the billionaire in the last 16 months. During the electoral year, for example, Musk’s wealth has increased $ 188 billion (R $ 1.1 trillion, in the current price)The greatest increase among all multimilionaries. (Take a look at earnings and losses below)

The troubled start of 2024

Musk started the year 2024 with a fortune assessed in US $ 251 billion. On January 24, however, Tesla, the automotive manufacturer of Musk electric vehicles, announced during its results the teleconference that expected growth “in particular” slower in 2024. This led to a drop of 12% of the company’s price price the following day and, consequently, a decrease in the fortune of the magnate.

January 31, 2024, Bernard ArnaultCEO and President of LVMH, he returned to the top of the list, overcoming Elon Musk. On April 29, however, one day after Musk’s surprise visit to China, Tesla’s actions had their best day since 2021. The quotes increased by 15%, increasing the fortune of Musk by $ 14.5 billion.

In May 2024, at the rhythm of Tesla’s boom, Elon Musk resumed first place on Forbes’ billionaires, with a fortune of US $ 209 billion. Arnault was left behind with a equity of 202.7 billion dollars. On October 23, the fortune of Magnata was already evaluated at $ 246 billion. From then on, Musk saw his legacy become absurdly.

Growth before, during and after Trump’s elections

During the electoral year, Musk’s wealth increased by $ 188 billion, the largest increase among all multimillions. On November 6, when the main American vehicles designed Trump’s victory, Musk’s wealth grew 21 billion US dollarsAccording to information published by Forbes Money. This made his luck 264.6 billion US dollars TO US $ 285.6 billion.

Guided a significant increase in Tesla’s actions, a better evaluation for Spacex and a higher value for its startup AI, Elon Musk’s luck grew impressive by 25% during November, exceeding $ 300. During this period, it expanded the difference for the second richest to over $ 100 billion. His fortune has reached its highest level of all time – 334 billion US dollars – on November 22, according to Forbes estimates.

Musk made history at the beginning of December, when his fortune exceeded 400 billion dollars, an undertaking never recorded by Forbes in almost four decades of monitoring world billionaires. The tycoon became the first person to overcome the brand of US $ 400 billion After your Spacex Rocket Company has been evaluated at $ 350 billion.

Considered a year of gold, Musk ended with an impressive 439 billion US dollars In net equity, $ 188 billion more than the year have started.

Trump Posse and Fall in Heritage

With a surprising 2024, Musk began 2025 with the first position among the consolidated billionaires. On January 2, the businessman had a fortune of 421.2 billion US dollars. This amount remained in February, when his ally Donald Trump had already come into office as President of the United States. During this period, Musk was appointed president of the government’s efficiency department.

Influenced by the United States government, everything led to believe that Musk would further increase his inheritance. However, in March the billionaire saw his luck reduce in impressive 62 billion US dollars following the devaluation of Tesla’s actions. The electric vehicle manufacturer has lost 25% of its market value in just one month.

Although he has still maintained his position of the world’s richest person, the strong drop in actions has shook the heritage of the moss 359.5 billion US dollars. At the beginning of this month April, Musk’s esteemed heritage was 342 billion dollars (R $ 1.95 trillion).

Currently with yours 369.8 billion dollars (R $ 2.1 trillion)Musk remains the richest man in the world and with an advantage of 171 billion US dollars (R $ 1 trilione) ON Jeff Bezosfounder of Amazon and Blue Origin, whose wealth is US $ 198.7 billion (R $ 1.1 trillion).

Therefore, adding losses and earnings, since the beginning of 2024 the wealth of moss has increased so far has increased 118 billion dollars (R $ 693 billion).

Source: Terra

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