Elon Musk’s fortune has now crossed the $300 billion mark, fueled by his ambitious ventures in electric vehicles, space exploration, and artificial intelligence.
Musk, who co-founded Tesla, SpaceX, and most recently, xAI, has amassed this impressive wealth thanks to strategic stakes in these high-growth companies.
Musk holds around 12% of Tesla’s shares, though over half of those are pledged as collateral for personal loans. In early 2024, a Delaware judge ruled against Musk’s 2018 options deal, which would have granted him nearly 9% more Tesla stock. However, if Musk’s appeal is successful, his wealth could receive an even bigger boost.
SpaceX, valued at a staggering $210 billion, adds significantly to his fortune, with Musk holding an estimated 42% stake in the company.
Additionally, his AI startup xAI, founded just last year, was valued at $24 billion as of May 2024. While Musk’s ownership of Twitter (now rebranded as X) has been a mixed bag, with its valuation dropping by nearly 70%, his diverse portfolio has ensured he continues to thrive financially — and stay firmly above the $300 billion mark.
