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Elon Musk seems allergic to boredom as the billionaire is spearheading yet another venture: X Money. For Musk, co-founding seven companies wasn’t enough. For Musk, co-founding seven companies ...
Elon Musk, already the richest man in the world, saw his wealth grow by an astonishing $34 billion in a single day on Thursday, cementing his lead atop the ultrarich rankings.
Musk also runs SpaceX and the Boring Company. Since hitting an all-time high of almost $480 per share in December, TSLA stock has tumbled 32%. That means Musk has lost $62.85 billion in net worth.
Elon Musk in 2022. Elon Musk is a South African-born businessman and the wealthiest person in the world, with an estimated net worth of US$402 billion as of February 8, 2025, according to the Bloomberg Billionaires Index, [1] and $397 billion according to Forbes, [2] primarily from his ownership stakes in Tesla, Inc., and SpaceX.
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and senior advisor to the U.S. president, known for his key roles in Tesla, Inc., SpaceX, the Department of Government Efficiency (DOGE), and his ownership of Twitter.
However, for X to make him money, the company would first have to be profitable. Before Elon Musk’s takeover, X, then named Twitter, was losing more than it earned most years.
Elon Musk is the world’s richest person partly due to his companies’ impressive innovations. But his wealth is also due to government contracts and programs that affected his two main ...
How Much Money Does Elon Musk Make? While he’s been extraordinarily wealthy for years, his fortune has significantly increased since 2018. Just four years ago, his net worth was $19.9 billion ...