Elon Musk is no stranger to financial ups and downs, but even for him, this one stings. In just one brutal day, Elon Musk’s Net Worth Loss totaled a staggering $29 billion. That’s more than the GDP of some small countries—poof, gone in 24 hours. The culprit? A 15% drop in Tesla’s stock price that sent shockwaves through the financial world.

Investors panicked, analysts speculated, and social media had a field day with memes.

While Musk isn’t exactly digging through couch cushions just yet, this massive loss highlights just how unpredictable the billionaire’s fortune really is. So, what exactly went wrong? Let’s break it down.