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Now worth well over $395 billion, Elon Musk’s wealth soared by another $10 billion today. All as Tesla (NASDAQ:TSLA) – which now has a market cap of $1.1 trillion – rockets about 4%, or $13. ...
EV company Tesla, whose stock makes up the bulk of Musk’s nearly $400 billion net worth, has benefited from $2.8 billion in tax subsidies or grants, according to subsidy tracker Good Jobs First.
Elon Musk made $175.8 million when PayPal was sold to eBay in October 2002. [9] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2 billion. [4] Musk paid $455 million in taxes on $1.52 billion of income between 2014 and 2018. [10] According to ProPublica, Musk paid no federal income taxes in 2018. [11]
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 ...
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.
“My prediction is Tesla will become the most valuable company in the world, ... Elon Musk, already the richest man in the world, saw his wealth grow by an astonishing $34 billion in a single day ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman and U.S. special government employee, best known for his key roles in Tesla, Inc., SpaceX, and the Department of Government Efficiency (DOGE), and his ownership of Twitter.
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.