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  • Elon Musk Loses $34 Billion in a Single Day Amid Clash with Donald Trump
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Elon Musk Loses $34 Billion in a Single Day Amid Clash with Donald Trump

Ugagossip June 9, 2025
Trump and Elon Musk

The world’s richest man, Elon Musk, has reportedly lost a staggering $34 billion from his net worth in just one day  marking the largest single-day drop ever recorded in financial history.

The sharp decline comes in the middle of ongoing tensions between Musk and U.S. President Donald Trump, following a public fallout over conflicting visions for America’s automotive and energy future.

Elon Musk
Elon Musk

While Trump continues to push for a mix of gasoline and diesel vehicles, Musk remains a staunch advocate for an all-electric future, aligned with his Tesla empire.

Despite the massive financial setback, sources close to Musk say the billionaire is “still breathing fine,” and remains unshaken in his pursuit of a sustainable energy revolution.

Donald Trump
Donald Trump

Musk has also used his X (formerly Twitter) platform to throw indirect jabs at Trump’s administration, further fueling the public feud.

Even with the loss, Musk’s fortune remains firmly in the hundreds of billions, keeping him near or at the top of the global rich list.

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