Elon Musk
About Elon Musk
Elon Musk cofounded seven companies, including electric car maker Tesla, rocket producer SpaceX and artificial intelligence startup xAI.
He owns about 12% of Tesla excluding options, but has pledged more than half his shares as collateral for personal loans of up to $3.5 billion.
In early 2024, a Delaware judge voided Musk's 2018 deal to receive options equaling an additional 9% of Tesla. Forbes has discounted the options by 50% pending Musk's appeal.
SpaceX, founded in 2002, is worth $350 billion based on a private share sale during December 2024. Musk owns an estimated 42% stake.
Musk bought Twitter in a $44 billion (enterprise value) deal during 2022. Forbes estimates that the social media company, which he renamed X, is worth nearly 70% less as of August 2024.
Musk owns an estimated 54% of xAI, which he founded in 2023. Private investors valued the company at a reported $50 billion in November 2024.
Personal stats
Citizenship
United States of AmericaSource of wealth
Tesla, SpaceXResidence
Austin, TexasMarital status
DivorcedBirth date
06/28/71 (age 53)Number of children
11Education
Bachelor of Arts/Science, University of PennsylvaniaSelf-made
self-madeElon Musk’s fortune is worth
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median U.S. household
median U.S. income
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Net worth history
Annual ranking
Related people
Did you know?
As a kid in South Africa, Musk taught himself to code; he sold his first game, Blastar, for about $500.
Net worth over time
Real-time ranking
Financial assets
NASDAQ | TSLA-US
Tesla$148.6BNASDAQ | TSLA-US
Tesla$55BImages © Forbes.com. All rights reserved.