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Musk has defended his wealth by saying he is accumulating resources for humanity's outward expansion to space. [12] At the start of 2020, Elon Musk had a net worth of $27 billion. [13] 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. [14]
Elon Musk is 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, [416] and $397 billion according to Forbes, [417] primarily from his ownership stakes in Tesla, Inc. and SpaceX.
After accruing immense governmental power over the past month, tech billionaire Elon Musk got his biggest boost yet this week when President Donald Trump signed an executive order giving him broad ...
But his wealth is also due to government contracts and programs that affected his two main businesses – electric vehicles and space travel. ... Elon Musk is the world’s richest person partly ...
Elon Musk's net worth soared by about more than $30 billion on Thursday after Tesla stock surged 22%. ... Musk's second largest source of wealth is SpaceX. The billionaire owns about a 42% stake ...
Musk attempted to keep the deposition from being made public. [49] [50] In October 2023, the U.S. Securities and Exchange Commission (SEC) sued Musk over his refusal to testify a third time in an investigation into whether he violated federal law by purchasing Twitter stock in 2022. [51] [52] [53] Musk claimed the SEC was harassing him.
Elon Musk is easily the world's wealthiest man, with a net worth topping $300 billion. But even he stands to make more money from his association with the federal government after placing a ...
Elon Musk, the CEO of Tesla, saw his wealth surge by $20.9 billion on Wednesday, further solidifying his spot as the highest net-worth individual on the planet with nearly $286 billion.