Elon Musk‘s net worth is dipping.

The 53-year-old world’s richest man’s company, Tesla, faced a steep 14% plunge on Thursday (June 5) as Elon continues to battle it out with his former political friend, President Donald Trump.

He is now $26.6 billion less rich than one day before, according to Forbes’ real time Billionaires tracker.

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He is now worth $380.3 billion, and he is nearly $150 billion richer than the next person behind him, Meta CEO Mark Zuckerberg.

This is Tesla’s second biggest hit since the pandemic. Tesla closed the day at $284.70 per share, down more than 20% than where it was a week ago, per The Wrap.

If you missed it, Elon Musk exited his position in the White House upon disagreeing with the “Big Beautiful Bill,” and accused Trump of being named in the Jeffrey Epstein files that haven’t been made public yet.