Elon Musk’s most valuable asset as Tesla’s stock continues to tumble. The shift marks the first time in five years the rocket company has meant more to Musk’s pockets than his automotive company. Forbes estimates that the Department of Government Efficiency chief’s 42 percent slice of SpaceX is worth $147 billion—almost $20 billion more than his Tesla shares.

Tesla (NASDAQ:TSLA) stock has had a bumpy start to 2025, as the EV maker continues to struggle with slowing sales and deliveries that began in

Despite losing money through Tesla and SpaceX, Musk's net worth remains around $320.2 billion, according to Forbes. Tesla shares have dropped over 50% in price since December 2024, significantly impacting Musk's wealth. The top ten wealthiest people in the world, including Musk, are collectively worth $1.736 trillion.

Despite the gain, short sellers are still down $64.5 billion since the company went public in 2010. Tesla did not immediately respond to a request for comment from BI. Musk has be

Traders positioned to make money from falls in the share price have accumulated the paper profits since the stock’s closing high on December 17, according to data provider S3 Partners. Tesla’s market value has plunged by more than $700bn over the same period,