Elon musk Net Worth: See here! How Tesla Motors CEO Elon musk built a net worth of US$426 billion!

Elon musk Net Worth: See here!

Elon Musk net worth : Musk serves as the CEO of Tesla, which is the most valuable car manufacturer in the world. Based in Austin, Texas, the company offers electric cars and solar batteries for home use. Musk is the CEO of SpaceX, a rocket manufacturer contracted by NASA for space station resupply missions, and he owns the social media company X, formerly known as Twitter.

Content

  • Who is Elon Musk?
  • Net worth of Elon Musk

According to Tesla’s 2024 proxy statement, Musk owns roughly 13% of the company. Additionally, he possesses around 304 million exercisable stock options as part of his 2018 compensation package. A judge in Delaware nullified this compensation package in January 2024, and after a new shareholder vote in December 2024, he rejected it once more. The options remained part of the calculation for the time being while awaiting the outcome of an appeal.

Who is Elon Musk?

Musk, who was born in South Africa to a father who was an engineer and a mother who was a nutritionist, left home at the age of 17 for college in Canada, partly to evade conscription into the army during apartheid in South Africa. He completed his studies at the University of Pennsylvania, where he earned degrees in physics and economics, and then enrolled at Stanford University. After a few days, he left to follow his three primary interests: the Internet, clean energy, and space.

In 1995, he founded an online publishing platform named Zip2 and sold it four years later for over $300 million. He put some of the earnings back into creating X.com, which was an online payment service. He would combine that with what later became PayPal, the e-commerce platform sold to eBay in 2002 for $1.5 billion.

Net worth of Elon Musk

Laut der aktuellen Milliardärs-Rangliste von Forbes startet Elon Musk ins Jahr 2025 als reichster Mensch der Welt. Musk’s net worth reached an astonishing 421.2 billion USD, reflecting a remarkable increase of 91 billion USD since December 1, primarily driven by SpaceX’s new valuation of 350 billion USD. Due to the jump in the company’s valuation, SpaceX has been positioned as the most valuable private enterprise worldwide. Musk, the founder and CEO of SpaceX (founded in 2002), also leads Tesla and has investments in social media platform X, AI firm xAI, and tunneling company Boring Co.

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