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Elon Musk's net worth will decline more than 50% from its 2021 peak by end of 2024.

Scott Galloway·June 2026
⚖️Partially True— Resolved June 10, 2026
How we verified this claim
Musk's net worth fell from ~$340B in late 2021 to below $140B in 2022-2023 (>50% decline), but recovered significantly by end of 2024 as Tesla stock rebounded and X's valuation stabilized. Partially true at the trough, not at year-end 2024.
How we reached this verdict
Musk's net worth fell from ~$340B in late 2021 to below $140B in 2022-2023 (>50% decline), but recovered significantly by end of 2024 as Tesla stock rebounded and X's valuation stabilized. Partially true at the trough, not at year-end 2024.
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