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What is Elon Musk's current net worth? World's richest person loses nearly $130 billion amid Tesla, SpaceX slump

Summary by Hindustan Times
Elon Musk’s net worth has taken a sharp hit after a difficult week for Tesla and SpaceX. Here’s what changed.

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Elon Musk, the world's richest man, faced a massive loss of wealth following a sharp drop in Tesla stock prices. Approximately $130 billion was wiped from Musk's personal fortune.

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Tesla shares lost 18% this week and SpaceX has been falling steadily since its IPO • Elon Musk, who became the first trillionaire, quickly lost the title. But there is also good news

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Busines and Oil News broke the news on Saturday, July 25, 2026.
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