The world's richest man, now firmly embedded in the Trump administration, has lost over $11 billion since the start of the year.

In January 2025, a post about tech billionaire Elon Musk, purportedly written by someone who knew him for years, was shared widely online. Philip Low, a scientist and founder of NeuroVigil, a company that developed a portable brain activity monitor,

It’s hard to fault a CEO who grows a company beyond $1 trillion in value. Elon Musk managed the feat by upending the automotive market with Tesla’s electric vehicles and extended its lead with broader battery power.

The Tesla CEO's net worth fell by around $4 billion yesterday, however, according to the Bloomberg Billionaire Index.

A quick look at Elon Musk’s social media pages makes it clear that he’s more focused on his work in Washington D.C. than anything involving electric vehicles (EVs) or rockets. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 Even as Tesla TSLA prepares to report its Q4 earnings and full-year guidance after market close Wednesday,

Tesla reported disappointing fourth-quarter earnings for 2024, with revenue of $25.7billion (£20.6billion) falling short of Wall Street analysts' predictions of $27.2billion (£21.8billion). The electric vehicle maker's shares dropped approximately four per cent in after-hours trading following the announcement on Wednesday.