How much money Elon Musk lost during
Elon Musk’s brief role as a “special government employee” in the Trump administration has ended, with the billionaire losing a staggering \$53 billion during his 130-day stint. Musk, who was brought in as a co-lead for the Department of Government Efficiency (DOGE), aimed to slash government spending but faced backlash for cutting thousands of government jobs. In a farewell message on Twitter, he thanked Trump and said the DOGE mission would “only strengthen over time.” His net worth, once \$439 billion, now stands at around \$386 billion.
Musk’s exit from the White House was seen by some as the result of ongoing tensions between him and Trump, with Musk hinting at this in a retweet that dismissed rumors of a personal falling-out. This came just after Musk expressed disappointment with Trump’s support for the “One Big Beautiful Bill Act,” a spending bill projected to add \$3.8 trillion to the deficit by 2034. Musk argued the bill “undermines the work” of the DOGE team, which he said was meant to reduce wasteful spending.