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Elon Musk's acquisition of Twitter in 2022 for $44 billion has significantly impacted his net worth. The platform, now known as X, was valued at $19 billion a year after the acquisition, reflecting a 55% decrease from the purchase price. This decline was attributed to a drop in active users, advertising revenue, and overall platform engagement. :contentReference[oaicite:2]{index=2}

Elon Musk's net worth reached a historic $500 billion in October 2025, making him the world's first half-trillionaire. This milestone was achieved due to a 14% increase in Tesla's stock price and strong valuations for his other companies, including xAI and SpaceX. :contentReference[oaicite:1]{index=1}