After reaching a net worth of more than $486 billion in December, Elon Musk’s wealth has sunk below $400 billion for the first time in 2025. Tesla—where Musk derives about 60% of his wealth—has had an abysmal year. Waning demand and Musk’s continued controversial foray into politics have helped drive the stock down 27%.

Elon Musk is again back in the spotlight, and this time, it is not for rockets or electric cars but for leading a group of investors in a $97.4 billion bid to take control of OpenAI. His stated goal is to return the company to its “open-source” and “safety-first” roots.

As tech billionaire Elon Musk expands his influence over more than a dozen U.S. federal agencies, frustration is growing among some top aides to President Donald Trump, who want more coordination from Musk's team as he slashes the U.

Readers decry the spectacle of Elon Musk standing in the Oval Office taking questions from reporters with President Trump at his side.