Wealth Wipeout: Elon Musk Loses $33.9 Billion in a Single Day Amid Trump Feud

Published On 2025-06-06 09:26 GMT   |   Update On 2025-06-06 09:26 GMT

Washington (The Uttam Hindu) The dispute between US President Donald Trump and world-renowned businessman Elon Musk has deepened. A heated debate was seen between the two on the social media platform X, which has had a direct impact on Elon Musk's wealth. After this dispute, Musk's net worth has declined drastically, and the shares of his company Tesla have also fallen sharply in a day. According to the latest report of Bloomberg Billionaire Index, Tesla owner Elon Musk has lost $33.9 billion (approximately Rs 29,07,42,33,30,000) in a single day. After this decline, his total wealth has come down to $335 billion.

Along with this, the shares of Musk's company Tesla have also fallen drastically. The company's shares fell by 14.26 percent to US $ 284.70. Tesla's shares fell by US $ 47.35 in one day, which has dealt a big blow to the company. Let us tell you, the relationship between former US President Donald Trump and world-renowned industrialist Elon Musk was once very cordial. After winning the election, Trump also included Musk in his government. However, this partnership could not last long. After differences between the two surfaced, Musk decided to separate from the government.

The main reason for the dispute between them was the opposition to the 'Big Beautiful Bill' proposed by the Trump government, which Elon Musk openly rejected. After this opposition, the tension between the two started. Recently this dispute came out in the open on the social media platform X. Donald Trump targeted Elon Musk through a post on X. He wrote that Musk still misses the White House. Trump also alleged that Musk is suffering from 'Trump Derangement Syndrome'.

Elon Musk also gave a befitting reply to this allegation of Trump. He retorted by saying that without him Donald Trump would have lost the 2024 presidential election. Musk also claimed that if he had not supported him, the Democrats would have captured the House and the Republicans would have won the Senate by a narrow margin of 51-49. Musk even called President Trump ungrateful. This public rhetoric has further deepened the rift between the two.

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