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12083 crores in 24 hours
admin | July 10, 2025 12:22 PM CST

12083 crores in 24 hours

Elon musk neuralinkImage Credit Source: Signcast Photo

The world's richest man Alan Musk A strong decline in the property has been recorded. 1.41 billion dollars in his net worth in just 24 hours (close ₹ 1.2There has been a huge reduction of lakh crores). US President Donald Trump has become the reason behind thisThe new business policy and the announcement of Musk to enter politics. Ever since entering politics, the wealth of Musk is decreasing every day.

Trump's new strategy and quarrel with Musk

Donald Trump on the 249th Independence Day of America "Big Beautiful Bill" (Big beauty bill) Applied, in which many countriesLike Japan, South Korea But new tariffs have been installed. Also electric vehicles (Ev) But the tax profit received has also been abolished. Alan Musk, which is Tesla (Tesla) As Ev The owner of the company, he strongly criticized the move.

In response to this, Alan MuskAmerica Party ' Announced to start a new political party by name. This caused concern among his investors whether Musk will now be able to pay his attention to business or not.

Tesla's shares decline

Musk's political move was directly affected by his company Tesla. There was confusion in the minds of investors, which led to a decline in Tesla's shares. Tesla's stock broke up to 7% on the last trading day and $ 291.37 Falling from $ 288.77 But closed. Tesla's stocks have fallen by about 26% in the last six months.

How much decline in the total assets of Musk?

According to the Bloomberg Billionaires index, Musk's net worth has now come down to $ 346 billion. Talking about the year 2025 only, so far they have lost $ 86.7 billion. Not only Tesla, after the tariff announcement of Trump, the US stock markets also saw a strong decline.

  • Dow jones 422.17 Back to 44,406.36 closed at 44,406.36
  • S&P 500 49.37 Points fell to 6,229.98
  • Nasdaq 188.59 Closed at 20,412.52 with a decline of points

Allen Musk's entering politics and direct dispute with Trump is now overshadowing his wealth. The concern of investors and the decline of Tesla Stock have shook Musk's property. In the coming time, what will his new political party affect and how much the investor will support him will be interesting to see.


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