Alan Musk’s life has seen many ups and downs so far this year such as politics, controversy, stock market turmoil and record-breaking deficit. But now, by the end of the year, Musk has once again brought his property back to the same height where he was in early January.
According to Bloomberg, Alan Musk’s total assets have now reached around $ 429 billion. At the same time, according to Forbes data, it has gone up to $ 471.1 billion. These figures clearly show that they have almost made up their losses.
Friendship and then controversy with Trump
At the beginning of the year, Musk suddenly came into the limelight when US President Donald Trump made him a special government employee in the Department of Efficiency (DOGE). Alan Musk also supported Trump in full swing during the US President’s election. This friendship increased the trust of investors for some time and Tesla’s shares started touching the sky.
But this happiness did not last long. Investors felt that Musk is now giving more time in politics and less time on his companies. At the same time, the challenge from Chinese companies weakened Tesla’s condition.
Arabs fall, record loss
By March 2025, the assets of Musk fell by $ 126 billion. On just one day i.e. March 10, he lost $ 29 billion, which was the biggest one day loss in Tesla’s history. By April, Tesla’s shares fell nearly 45% and Musk’s assets had come down to $ 290 billion.
Start of return and distance from Trump
In May, Alan Musk resigned from DOGE and distanced himself from politics. Investors liked this decision and their assets started growing again. But in June, the dispute between Musk and Trump came openly on social media, causing Tesla’s shares to fall again and Musk suffered a loss of $ 34 billion in a single day.
But in September, two big news related to Tesla overturned the fate of Musk. The first was proposed for a 1 trillion dollar salary package for Musk and the second Musk himself invested $ 1 billion in Tesla’s shares. Both these reports rose 18% in Tesla’s shares in a week and the wealth of Musk again climbed up.
To become a trillion
Now Alan Musk has again come at the top of the list of world’s richest people. He has 7 companies like Tesla, SpaceX, Neurolink, XAI, X (first Twitter), TBC Company. If Tesla’s shareholders approve the compression package of Musk, then he is very close to becoming the world’s first trillion.