Elon Musk has made fame by establishing a number of the world’s most revolutionary high-tech firms right this moment, together with electrical automobile makers Tesla and House Exploration Firm SpaceX. At present, in keeping with Bloomberg, Musk is ranked because the richest particular person on this planet. That is valued at round $136 billion due to a roughly 13% stake in Tesla, price round $124 billion as of July 2025, and a 42% stake in SPACEX.
However masks enterprise practices are unconventional and typically controversial. In 2022, he later tried to set again down after agreeing to purchase the social media firm beforehand often called Twitter in a $44 billion deal. He finally agreed to shut the transaction on its authentic phrases earlier than the Delaware trial started. He later merged the social media firm, renamed X and renamed the substitute intelligence startup Xai. In response to Bloomberg, his curiosity in Xai Holdings was price round $23.4 billion in early 2025.
Musk additionally supported then-presidential candidate Donald Trump within the 2024 US presidential election and appeared at a rally with him. Musk spent no less than $288 million throughout the 2024 marketing campaign to pick Trump and different Republican candidates, in keeping with Bloomberg. Musk was accountable for the newly established authorities’s Effectivity Bureau, or Trump’s first inauguration day. The 2 later engaged in public disagreements by way of social media relating to Trump’s spending plans and different points.
Extra lately, Musk reaffirmed his dedication to main Tesla and retreated from his position in Doge. Musk introduced that he would launch a brand new political celebration after he dropped out with Trump. The CEO assumes his “American Celebration” as a substitute for the management of the two-party system, which he calls the US Fiat Cash.
Musk has lengthy been a frequent commentator by his tweets and a cryptocurrency advocate. Each SpaceX and Tesla personal Bitcoin, and the electrical automobile producer briefly accepted Bitcoin as a type of cost in 2021.
Different issues you could know concerning the masks embrace how he received his begin and his largest funding right this moment.
Essential information about Elon Musk
- Estimated internet belongings of $351 billion as of July 2025In response to Bloomberg, he makes him the richest particular person on this planet. He is about $97 billion forward of the second-placed particular person Mark Zuckerberg, co-founder of Metaplatform.
- Lead 5 ventures: Tesla, SpaceX, Xai, Neuralink, and the boring firm.
- Graduated from the College of Pennsylvania He holds levels in physics and economics.
- In 2012, Musk joined Warren Buffett’s pledgeasking billionaires to dedicate most of their wealth to charitable causes.
- Co-founder of PayPal, a web-based cost systemIt was offered to eBay in 2002 for $1.5 billion. (eBay later spun PayPal in 2015.)
- It grew to become Tesla CEO in 2008and has led the electrical automobile producer to develop into probably the most helpful automotive firm by 2020. Tesla was valued at round $1 trillion in July 2025.
- Helped to launch a boring firma tunnel enterprise that hopes to scale back metropolis congestion and permit for high-speed, long-distance journey.
- Neuralink CEOIt really works to develop an interface that permits the human mind to be related to a pc.
- We disclosed a 9% stake in Twitter in April 2022 earlier than agreeing to accumulate the whole firm. With a $44 billion deal later that month. He later tried to reverse his place and retreat from the transaction earlier than finishing the transaction on the unique phrases. Musk modified the identify of the social platform to X in 2023 and fused it with Xai two years later.
Elon Musk’s prime investments
Elon Musk is concerned in a number of giant tech firms, a few of which have develop into one of many largest firms in the US.
firm | worth | worker |
---|---|---|
Tesla | $996.8 billion | 125,665 |
SpaceX | $35 billion | 13,000+ |
xai | ~$80 billion | 100 |
A boring firm | Over $7 billion | ~200 |
Nervous | ~9 billion {dollars} | <500 |
PayPal | $74.2 billion | 24,400 |
*Notice: Tesla and Paypal values are as of July 2, 2025. SpaceX values are in December 2024, boring firms are in October 2023, Neuralink is in Could 2025, and Xai is in March 2025. |
Tesla
Based in 2003, Tesla grew to become a frontrunner in electrical automobile manufacturing. Musk joined Tesla as an investor in 2004, changing into chairman of the board of administrators and finally grew to become CEO in 2008. Tesla debuted its first automobile in 2008, and the Mannequin S, launched in 2012, was named the perfect automobile in shopper stories. Tesla grew to become the world’s most respected automobile firm in the summertime of 2020, and within the fall of 2021 its market worth reached $1 trillion within the fall of 2021. As of July 2025, the market worth was roughly $1.0 trillion.
Musk owns roughly 13% stake in Tesla, making a significant affect on the corporate, making its foremost product design, engineering and world manufacturing for its EV, battery and photo voltaic power merchandise.
In 2018, Musk and Tesla agreed to pay $20 million every to resolve securities fraud prices raised by the SEC after tweeting that the masks may very well be personal at $420 per share and that the funds have been secured regardless of the dearth of correct foundation for the declare. Musk was additionally pressured to resign as Tesla’s chairman for 3 years as a part of the settlement.
Extra lately, Musk has been selling a future that features a fleet of self-driving automobiles equivalent to Tesla’s Robotaxis and Robovan, in addition to robots that may assist with every day duties.
SpaceX
Musk can be the CEO and lead designer of SpaceX, creating Rockets and spacecraft for missions to Earth’s orbit, and finally telling different planets. Musk used many of the cash he earned from PayPal’s gross sales to launch SpaceX in 2002. The corporate has received a contract with NASA and the US Air Drive to design rockets.
In response to a 2022 submitting reviewed by Bloomberg, SpaceX is a personal firm, however Musk held a 42% stake within the enterprise by a belief.
xai
Musk established Xai in 2023 after the discharge of ChatGPT, with the aim of creating comparable applied sciences. The corporate merged with its former Twitter X to supply a chatbot often called Grok. Its talked about mission is to “advance a collective understanding of the universe,” and the corporate is dedicated to “constructing synthetic intelligence to speed up human scientific discoveries.” It was valued at about $24 billion in mid-2024, however it reached a $80 billion valuation when it merged with X in March 2025, Musk stated.
PayPal/X.com
After promoting Zip2, a software program firm that helps newspapers construct on-line metropolis guides in 1999, Musk used income to create X.com. He later built-in the enterprise with the cash switch firm Confinity, they usually mixed to create PayPal.
When PayPal was offered to eBay for $1.5 billion in 2002, Musk’s 11.7% stake would win roughly $180 million in stake after tax. Gross sales of PayPal created nice wealth for founders and early staff. A bunch of PayPal founders who affirm investor and political activist Peter Thiel and CEO Max Levchin, have come to be often called “Paypal Mafia.”
Nervous
NeuralInk is creating ultra-high bandwidth mind mechanical interfaces to attach the human mind to a pc, in keeping with its web site. The corporate introduced that it raised $205 million in 2021 from numerous enterprise capital firms and buyers, together with Google.
The corporate says Musk’s aim with Neuralink is to assist individuals with mind injury at close to phases and scale back the danger that synthetic intelligence poses to humanity in the long run. The corporate is without doubt one of the smallest musks, with fewer than 500 staff.
In January 2024, Musk introduced that the primary human had obtained Neuralink mind implants and that the affected person was recovering properly.
A boring firm
The boring firm goals to mix high-speed, reasonably priced tunneling know-how with electrical public transport to alleviate city crowds and allow high-speed, long-distance journey. The corporate has constructed a 1.15-mile tunnel in Hawthorne, California, which was used for analysis and growth, and is now constructing the Vegas Loop, a public transport system, on the Las Vegas Conference Middle.
Info stories present that the corporate was valued at over $7 billion after worker shares offered in October 2023. That valuation is increased than it was within the funding spherical, which raised $675 million in April 2022. The 2022 funding was led by two main enterprise capital firms, Vy Capital and Sequoia Capital.
SolarCity
SolarCity was began in 2006 by two Musk’s cousins and was financially supported by Musk, who served on the corporate’s board of administrators. The corporate has offered and put in photo voltaic era programs and different associated merchandise to residential, industrial and industrial clients.
Tesla agreed to accumulate SolarCity in 2016 on a $2.6 billion deal. Some critics characterised the acquisition as a reduction package deal for SolarCity. Musk stated he was not concerned in valuing the acquisition and later received a shareholder lawsuit associated to the transaction.
Deep Thoughts Expertise
DeepMind Applied sciences, a man-made intelligence firm, launched in 2010 with Musk as a significant investor. The corporate has developed an AI system that permits you to play video games higher than people. Masks have lengthy been warning concerning the risks of AI and the dangers pose to civilization.
Google acquired DeepMind for a complete of $600 million reported in 2014.
Elon Musk’s internet price
Elon Musk grew its internet price by creating and investing in firms. Earlier in his profession he was capable of flip income from PayPal gross sales into even higher sums by redeploying the cash into a really well-known enterprise.
In response to Bloomberg, his present estimated internet price has grown considerably since its inception in 2020 and since its inception in 2020. Since then, Tesla’s inventory has been greater than ten occasions extra grateful, and Musk’s internet price has elevated it and stacked him into the place of the world’s wealthiest particular person. With a internet price of $27.6 billion in early 2020, he ranked seventy fifth on the present record of prime billionaires on this planet.
Elon Musk and Twitter/X
In April 2022, Musk revealed a 9% stake in social media firm Twitter as he’s an energetic consumer with a big following for a few years. He challenged Twitter CEO Parag Agrawal to a public debate concerning the share of customers who’re faux or spam accounts earlier than trying to retreat from the transaction earlier than lastly shopping for the whole firm. He finally agreed to purchase the corporate beneath the unique phrases of the transaction after Twitter filed a lawsuit in opposition to him.
Following the tip of the October 2022 deal, Musk has fired the highest government on Twitter. In March 2023, he introduced that he had employed NBCuniversal government Lindayaccarino as the brand new CEO of Twitter. In late July, Musk reformed the corporate as X.
Media stories have proven that X’s advert gross sales have plummeted since MUSK purchased the corporate, with investor submissions in December 2024 that X Corp.’s worth has dropped by about 69% because it grew to become personal. Musk stated it merged with X and Xai in March 2025, with X valued at $33 billion.
Funding recommendation from Elon Musk
He’s usually seen as a controversial determine, however he has no denying that Elon Musk is a vastly profitable investor.
Under are a number of the funding recommendation he has shared with the general public over time.
- Put money into bodily issues: “It is usually higher to personal bodily issues like company homes and shares that you simply suppose will make a superb product when you’ve got excessive inflation than when you’ve got excessive {dollars},” Musk wrote in a tweet in March 2022. He added that he is not going to promote holdings of cryptocurrency equivalent to Bitcoin, Ethereum and Dogecoin.
- Diversification: Musk wrote a letter to his followers in 2022. By suggesting buyers select a number of firms, Musk advocates a diversified method, so if the investments are efficiency of 1 or two investments, it will not sink.
- Please relax: The masks means that the one cause to promote your funding is when the corporate’s services are getting worse. “Do not panic when the market does that,” he says.