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Musk has defended his wealth by saying he is accumulating resources for humanity's outward expansion to space. [11] At the start of 2020, Elon Musk had a net worth of $27 billion. [12] By the end of the year his net worth had increased by $150 billion, mostly driven by his ownership of around 20% of Tesla stock. [13]
The 2024 stock market boom fueled a surge in net worth gains for America's richest. Elon Musk's wealth increased by $213 billion, driven by Tesla's stock rise after the election.
Tesla CEO Elon Musk has become the first person to top a net worth of $400 billion, according to Bloomberg News. Musk's wealth, which was last counted at $384 billion by the Bloomberg Billionaires ...
The world's 10 biggest wealth gainers have grown $790 billion richer in 2024. Elon Musk leads the list with a $257 billion gain that has boosted his net worth to $486 billion.
Musk's net worth began a rapid ascent at the start of the pandemic as Tesla stock prices soared. Musk started 2020 with an estimated net worth of just under $30 billion and was worth around $170 ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in the space company SpaceX and the automotive company Tesla, Inc. He is also known for his ownership of X Corp. (the company that operates the social media platform X, formerly Twitter), and his role in the founding of the Boring Company, xAI, Neuralink, and OpenAI.
Musk is followed on the billionaires list by Amazon founder Jeff Bezos - with a net worth of $243.7 billion, while Oracle co-founder Larry Ellison is in the third spot with a net worth of $223.4 ...
Elon Musk is almost $200 billion richer than Jeff Bezos and worth more than Costco. His net worth hit $447 billion after Tesla stock jumped and SpaceX's valuation rose to $350 billion.