$34 Billion of Elon Musk’s Wealth Vanished in Just 5 Days!/*How Did the World’s Richest Man Take Such a Huge Hit?

According to the Science and Technology section of Saed News, despite this massive loss, Elon Musk remains the world’s richest person with a net worth of $335 billion. However, his clash with Trump could have long-term consequences for his companies, including the Neuralink startup and his AI firm xAI—especially if a Trump administration decides to apply federal regulatory pressure on these companies.

Elon Musk and Trump’s Conflict

The dispute between Elon Musk and Donald Trump began when Musk, just days after distancing himself from DOGE, publicly called for the repeal of Trump’s controversial bill on the X social media platform. In response, Trump threatened to revoke government contracts with Musk’s companies, including SpaceX and Tesla. Such action could significantly hurt the revenue streams of both firms.

World’s Wealthiest Individuals List

Musk also, without presenting evidence, claimed that Trump’s name appeared in the files related to the Jeffrey Epstein scandal. As tensions escalated, Musk threatened to retire SpaceX’s Dragon spacecraft but reversed his decision five hours later.

Following the fallout from this conflict, Tesla shares dropped 14%, falling to $284.70. Analysts believe that repealing electric vehicle tax incentives—which is part of Trump’s bill—could cut Tesla’s annual profits by $1.2 billion. Musk called the bill “disastrous” and “detestable,” blaming it for increasing national debt.