Fact check: Elon Musk has lost $750 billion of his net worth in six weeks.

Verdict: mostly true — Trust Score 75/100

The post claims Elon Musk has lost $750 billion of his net worth in six weeks and that the Cybertruck has been officially classified as the worst car in automotive history. While Elon Musk has experienced a substantial decline in his net worth, with reports indicating losses in the range of $650 billion to $750 billion since June 2026, the specific figure of $750 billion in exactly six weeks is a slight overstatement. The Cybertruck is widely regarded as a significant commercial flop and is frequently compared to historical automotive failures like the Ford Edsel, but there is no official classification designating it as the "worst car in automotive history." The post's claims are confirmed by 5 sources.

mostly true verification card — Trust Score 75/100
Platform
threads
Original post
https://www.threads.com/share/BAwF7fEDSa/
Verified on
July 29, 2026
Verification ID
_xCe8lrMdM_L7xju3ywY_w

Original content reviewed

Platform: THREADS --- Caption/Description --- Elon musk has lost $750 billion of his net worth in six weeks and the cyber truck has officially been classified as the worst car in automotive history… Love these things for him. ---VERIFICATION_SUMMARY--- Platform: THREADS --- Caption/Description --- Elon musk has lost $750 billion of his net worth in six weeks and the cyber truck has officially been classified as the worst car in automotive history… Love these things for him. --- Claims to Verify --- 1. Elon Musk has lost $750 billion of his net worth in six weeks. 2. The Cybertruck has been officially classified as the worst car in automotive history. --- Verification Focus --- Elon Musk net worth change six weeks Cybertruck worst car in automotive history official classification Elon Musk net worth decline fact check Cybertruck reviews automotive history ranking

Claims analyzed (2)

  1. mostly true: Elon Musk has lost $750 billion of his net worth in six weeks.
    Multiple sources from July 2026 report significant declines in Elon Musk's net worth, largely due to drops in SpaceX and Tesla shares. Forbes reported a decline of about $750 billion since a peak of $1.45 trillion on June 16, 2026, as of July 27, 2026. Other sources indicate losses between $650 billion and $700 billion over approximately five to six weeks. The $750 billion figure is within the reported range, but the exact six-week timeframe for that precise amount is a slight generalization.
  2. misleading: The Cybertruck has been officially classified as the worst car in automotive history.
    While the Cybertruck is widely reported as a major commercial flop and is frequently compared to the Ford Edsel, often cited as one of the biggest failures in US automotive history, there is no evidence of an "official classification" by a recognized automotive body or authority as the "worst car in automotive history." News articles use phrases like "biggest flop" or "among the biggest flops" based on sales figures and market reception, but not an official classification.

Sources consulted (9)

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