- Elon Musk cofounded seven companies, including electric car maker Tesla, rocket producer SpaceX and artificial intelligence startup xAI.
- He owns about 12% of Tesla, which he first backed in 2004, and which he’s led as CEO since 2008.
- In 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 $400 billion based on a private tender offer in August 2025. Musk owns an estimated 42% stake.
- Musk bought Twitter in a $44 billion (enterprise value) deal in 2022. He merged it with xAI in March in a deal valuing the combined company at $113 billion including debt.
- Musk also founded tunneling startup The Boring Company and brain implant outfit Neuralink. The two startups have raised around $2 billion from private investors combined.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Forbes Lists
Personal Stats
- Age
- 54
- Source of Wealth
- Tesla, SpaceX, Self Made
- Residence
- Austin, Texas
- Citizenship
- United States
- Marital Status
- Divorced
- Children
- 11
- Education
- Bachelor of Arts/Science, University of Pennsylvania
Did you know
Musk, who says he’s worried about population collapse, has fathered at least 14 children with four women, including triplets and two sets of twins.
As a kid in South Africa, Musk taught himself to code; he sold his first game, Blastar, for about $500.
In Their Own Words
I operate on the physics approach to analysis. You boil things down to the first principles or fundamental truths in a particular area and then you reason up from there.
Elon Musk
Related People & Companies
