A magnetic element according to an embodiment includes a wiring layer extending in a first direction and including a ferromagnetic material and a nonmagnetic layer laminated on the wiring layer in a second direction. The wiring layer includes a side surface inclined with respect to the second direction in a cross section orthogonal to the first direction. The side surface has one or more bending points at which an inclination angle with respect to the second direction becomes discontinuous. An inclination angle of a first inclined surface far from the nonmagnetic layer is smaller than an inclination angle of a second inclined surface close to the nonmagnetic layer in a state in which a first bending point at a position farthest from the nonmagnetic layer among the bending points is interposed between the inclination angles.