The Tesla CEO is still the world’s richest person, but he may suffer more financial blows if his government contracts are halted.

Elon Musk's net worth saw a rise. This happened after he apologized to Donald Trump. Musk regretted his social media posts. He had criticized Trump earlier. The apology followed a phone call. Trump acknowledged Musk's statement.

Elon Musk lost US$33.9 billion in net worth on Thursday amid his public feud with U.S. President Donald Trump, marking one of the largest single-day losses for the tech billionaire.

Elon Musk's explosive feud with President Donald Trump on Thursday began with some X posts. Then came Musk's $34B net-worth loss.

No doubt Musk is a a true visionary, entrepreneur and one of the greatest geniuses of our era. The world may be yet to see what he will achieve.

In the meantime, while allegedly cutting government waste to trim federal spending, Trump’s “Big Beautiful Bill” will add trillions to the deficit. Because Trump has pissed off the world, former purchasers of U.S. debt are no longer willing to buy our government bonds, instead selling them off.

Elon Musk’s feud with Trump is escalating and Harvard is also clashing with Washington. Both are turning on the government and risking billions in support.

Joe Gebbia, a close friend of Mr. Musk’s, is expected to be a part of a small council of advisers that will oversee the Department of Government Efficiency.

Other than the president himself, no one has had a greater impact on the first months of the new Trump administration than Elon Musk. Not only was

Musk says he hates the bill because it is expected to drive up the deficit by nearly $4 trillion. But, as White House sources have been quick to tell reporters over the last 24 hours, there are other reasons why the billionaire Tesla CEO is lashing out. As one source put it simply to Axios, “Elon was butthurt.”