[Elon Musk's Net Worth Shrinks by $340 Billion in 8 Days, No Longer a Trillionaire] According to a report by Jinse Finance on June 24, citing Every Day News, the world's first trillionaire sat on the 'throne' for less than two weeks before 'falling from grace.' As of June 24, Elon Musk's net worth has dropped below $1 trillion. According to Bloomberg Billionaires Index data, Musk's current net worth has fallen to $957 billion, a sharp decline of $340 billion from the peak of $1.3 trillion just 8 days ago. However, even after this significant drop, Musk's net worth still leads the wealth rankings by a wide margin.