He’s still worth some $420 billion, according to Barron’s math. Investors might want to pay attention to the changing distribution of his wealth, though. After Tesla stock’s roughly 20% fall over the past five days leading into Thursday trading,

Elon Musk’s net worth has fallen below $400 billion as Tesla (TSLA) stock tumbles in 2025 amid growing concerns over the EV giant’s future. As

For Musk, the world’s richest man and Tesla’s largest shareholder, those are just paper losses. He owns and runs several other companies — among them SpaceX, Twitter, and artificial intelligence startup xAI — so Tesla’s recent decline is just a flesh wound.