• News
  • Life
  • TV & Film
  • Beauty
  • Style
  • Home
  • News
    • Celebrity
    • Entertainment
    • Politics
    • Royal Family
  • Life
    • Animals
    • Food & Drink
    • Women's Health
    • Mental Health
    • Sex & Relationships
    • Travel
    • Real Life
  • TV & Film
    • True Crime
    • Documentaries
    • Netflix
    • BBC
    • ITV
    • Tyla Recommends
  • Beauty
    • Hair
    • Make-up
    • Skincare
  • Style
    • Home
    • Fashion
    • Shopping
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
Submit Your Content
How much money Elon Musk lost during '130-day' White House stint amid Donald Trump 'break-up'

Home> News> Politics

Published 15:22 29 May 2025 GMT+1

How much money Elon Musk lost during '130-day' White House stint amid Donald Trump 'break-up'

Musk parted with an eye-watering sum during his time as a 'special government employee' in the White House

Madison Burgess

Madison Burgess

This morning, the news broke of one of the biggest ‘break-ups’ of the year - no, not Jennifer Lopez and Ben Affleck - Elon Musk and Donald Trump.

The US president’s right-hand man resigned from the Republican administration after his temporary role came to an end.

It comes five months after Musk was made one of Trump's Department of Government Efficiency (DOGE) co-leads. Branded as a ‘special government employee,’ he was allowed to work a federal job for 130 days each year.

The role handed him the responsibility of cutting excessive spending by the federal government, but the White House began 'offboarding' the tech boss on Wednesday night, according to the BBC.

Advert

Musk was in the role for 130 days before departing the White House (Andrew Harnik/Getty Images)
Musk was in the role for 130 days before departing the White House (Andrew Harnik/Getty Images)

During his time in the role, the Tesla CEO came under fire for brutally axing thousands of government and civil positions with support of the president.

To announce his departure, he wrote on Twitter: ‘"As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending.

"The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government."

Advert

And now, the eye-watering sum that billionaire Musk lost during his 130-day stint has been revealed.

According to reports, Musk has parted with a staggering $53,000,000,000.

In late January, his net worth was $439,000,000,000, according to the Bloomberg Billionaire’s Index.

And now the publication reports that it sits at a slightly less $386,000,000,000 meaning he lost over $50billion.

Advert

In the hours that followed Musk’s resignation, the billionaire alluded to the fact that his 'break up' from Trump was actually rather bitter, hinting in a retweet that the two had endured tensions for some time by preempting negative publicity.

The shocking figure that Musk lost in his 130-day stint has been revealed (Andrew Harnik/Getty Images)
The shocking figure that Musk lost in his 130-day stint has been revealed (Andrew Harnik/Getty Images)

Musk reshared a message written by an account named @cb_doge, which read: "In the coming days, legacy media will try to convince you that President Trump and Elon Musk are no longer friends and that’s why Musk left."

The statement continued: "What they won’t tell you is that Elon was a Special Government Employee, limited to 130 days of service and that term ends tomorrow."

Advert

On top of this, Musk’s timely departure came just 24 hours after he admitted he was ‘disappointed’ by Trump’s backing of a bill.

The 'One Big Beautiful Bill Act' is expected to increase the deficit by $3.8 trillion by 2034, with Musk telling press that said legislation 'undermines the work' that his team 'is doing'.

It would extend the president's tax cuts and increase border security spending, among several other aims.

"I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing," Musk confessed on Tuesday during an interview with CBS.

Featured Image Credit: Chip Somodevilla/Getty Images

Topics: Elon Musk, Donald Trump, Politics, US News

Madison Burgess
Madison Burgess

Madison is a Journalist at Tyla with a keen interest in lifestyle, entertainment and culture. She graduated from the University of Sheffield with a first-class degree in Journalism Studies, and has previously written for DMG Media as a Showbiz Reporter and Audience Writer.

Advert

Advert

Advert

Choose your content:

23 mins ago
an hour ago
2 hours ago
3 hours ago
  • STRINGER/AFP via Getty Images
    23 mins ago

    Meteorologist warns Jamaica will be 'unrecognisable' within hours

    Dylan Federico, a top meteorologist, urged residents to take shelter immediately

    News
  • Andrew Harnik/Getty Images
    an hour ago

    Donald Trump appears to boast about dementia test results with bizarre ‘IQ’ claim

    The POTUS also called out two Democrats, urging them to take the exam, too

    News
  • Facebook
    2 hours ago

    Major update as pregnant British teen is sentenced after being accused of smuggling 14kg of drugs

    Bella May Culley was arrested at Tbilisi International Airport earlier this year and charged with importing of vast quantities of narcotics

    News
  • HASNOOR HUSSAIN/POOL/AFP via Getty Images
    3 hours ago

    Donald Trump breaks out in dance during Malaysia trip leaving everyone confused over one detail

    The US President, 79, showed off his signature move as he arrived in Malaysia on Sunday (26 October)

    News
  • Donald Trump hosts billionaires in his new $200,000,0000 White House ballroom and people are furious
  • Donald Trump is tearing down part of White House to build $250,000,000 ballroom
  • Donald Trump makes major U-turn in White House demolition and people are furious
  • Donald Trump facing legal action over $300,000,000 White House ‘renovation’