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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.
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]
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. ...
Musk's second largest source of wealth is SpaceX. The billionaire owns about a 42% stake in the space exploration company with a total value of just over $80 billion, according to Bloomberg.
But the tech mogul's wealth comes from a number of sources and it isn't stable. Musk is currently the world's richest person and other billionaires are close on his heels, too: Jeff Bezos is $43 ...
Musk receiving the Order of Defence Merit from the Brazilian Armed Forces in 2022 [6]. Awards for his contributions to the development of the Falcon rockets include the American Institute of Aeronautics and Astronautics George Low Transportation Award in 2008, [7] the Fédération Aéronautique Internationale Gold Space Medal in 2010, [8] and the Royal Aeronautical Society Gold Medal in 2012. [9]
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 ...
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 ...