A Single Statement Boosts Elon Musk’s Wealth by $191 Million

Elon Musk

 A Single Statement Boosts Elon Musk’s Wealth by $191 Million

American entrepreneur Elon Musk, CEO of Tesla and SpaceX, saw his wealth increase significantly by $191 million, reaching a total of $411.4 billion, according to Forbes' real-time billionaire tracker.

This sharp increase came after Musk issued a public apology to former U.S. President Donald Trump, following earlier posts in which he directly criticized him.

On his social platform X (formerly Twitter), Musk wrote:

"I regret some of my posts about President Trump last week. I went too far."

The post followed a brief phone call between Musk and Trump, in what was seen as an effort to ease recent tensions between the two, according to The Times of India.

The dispute had begun when Musk criticized an economic bill supported by Trump, calling it "The Big Ugly Bill"—a clear jab at Trump’s own description of it as “The Big Beautiful Bill.” Around the same time, Musk resigned from his role in the Department of Government Efficiency (DOGE), coinciding with his sharp critique of the bill.

During the escalation, Musk shared a series of posts on X that included direct accusations against Trump, with references to the Jeffrey Epstein case and even calls for Trump’s removal from office. He also expressed support for replacing Trump with Senator J.D. Vance. Musk later deleted these posts, signaling an attempt to de-escalate the conflict, which culminated in his public apology.

According to media reports, Musk’s phone call with Trump took place on Monday, two days before the apology, in what analysts described as a move to resolve the disagreement before making a public statement.

White House Press Secretary Carolyn Leavitt confirmed Trump had seen Musk’s message and appreciated it, stating:

"The President saw Elon’s statement this morning. He appreciates it. We remain focused on serving the American people."

Trump himself responded in an interview with the New York Post, saying:

"I think it was very nice of him to do that."

Markets responded positively to these developments, with Musk’s net worth jumping by $191 million—a sign of renewed investor confidence and stabilization of Musk’s public image after diffusing the political clash.

This significant shift in the relationship between Musk and Trump follows a period of rising tension and may signal a potential for future cooperation or alignment, especially given Musk’s influential role in the technology, political, and economic spheres.

It’s worth noting that Musk—currently the world’s richest man—has often stirred controversy with his outspoken presence on social media. While his posts regularly spark debates or conflicts, this incident highlights just how directly his words can impact his public perception and financial standing—for better or worse.