Elon Musk’s net worth is $500 billion. He is the only person at this point. Tesla's rising share price has made him the biggest billionaire of all time. His net worth is the result of his recent trade agreements with China and the U.S.
In recent trade deals, Tesla shares rose to $462.50, which is a 2.2% hike from October 28, 2025. On Monday, Tesla shares saw a 4.3% rally in stock prices.
Elon’s net worth also increased after the White House announced that the U.S. and China will come up with a trade deal beneficial for both.
Tesla sold 657,000 cars in China. It is necessary that tension between the U.S. and China ease to boost Tesla’s business and market value.
Here is everything about Elon Musk’s net worth, life, career, relationships, and FAQs:
Elon Musk:
Elon Musk was born on June 28, 1971, in Pretoria, South Africa. His family migrated to Canada in 1989. He became a Canadian citizen by descent, as his mother was a Canadian citizen.
Musk studied at Waterkloof House Preparatory School, Bryanston High School, Pretoria Boys High School, Queen's University in Kingston, Ontario, the University of Pennsylvania, the university's Wharton School, Stanford University, and the University of Pennsylvania in Philadelphia, United States.
Elon Musk founded Zip2 (1995) and X.com (1999), which later became PayPal. In 2002 Elon Musk became an American citizen.
Elon Musk has made his name and future from his company SpaceX technologies.
In 2004, he became the investor in Tesla, and in 2015, he co-founded OpenAI. He also purchased Twitter and rebranded it as “X.”
Elon’s Neuralink is also making headlines for its neural technology. It was founded in 2016.
Musk also supported Trump during the 2024 U.S. presidential election. He served as senior advisor to Trump and head of DOGE.
After issues between Trump and Elon became public, he left the administration and came back to his companies.
Elon Musk’s Net Worth:
Elon Musk’s net worth of $500 billion is the result of his companies Tesla, SpaceX, and Neuralink and his influential connections in politics and business communities.
He also founded SolarCity, Tesla Energy, Starlink, Zip2, The Boring Company, and X Corp.
- In 2012 Forbes listed him as a billionaire with 75% worth from Tesla stocks.
- In 2020, his net worth rose to $300 billion.
- In 2025, his net worth reached $500 billion, and he became the world’s richest man.
Elon Musk and Zip2:
Elon Musk co-founded Zip2 in 1995 with Greg Kouri and Kimbal. It was the web software company.
They received the first funding from angel investors. His father, Errol Musk, supported their venture with 10% funding.
Zip2 signed contracts with the Chicago Tribune and The New York Times. In 1999, Zip2 sold Compaq for $307 million. Musk received $22 million.
Elon Musk’s X.com and PayPal:
Elon Musk co-founded x.com in 1999 as an online payment and financial service. It was one of the first of its kind to provide online payment and banking services. In 2000, Confinity purchased X.com and merged it with PayPal.
In 2000, Musk became the CEO but was replaced by Thiel. In 2002, eBay purchased PayPal for $1.5 billion. Elon Musk earned $175.8 million from this deal.
Elon Musk with SpaceX and Starlink:
In 2002, Elon Musk founded SpaceX to build affordable rockets. He became the chief engineer and CEO.
SpaceX made three unsuccessful attempts to reach the orbit.
In 2008, the fourth attempt became successful. SpaceX successfully launched Falcon 1 into the earth’s orbit.
NASA paid $1.6 billion to SpaceX to launch the Falcon 9 Dragon spacecraft to the ISS (International Space Station.) SpaceX received nearly $900 million in Federal Communications Commission subsidies.
In 2020, SpaceX sent its first flight with crew members to orbit. In 2024, SpaceX signed a contract with NASA worth $843 million.
Starlink:
In 2015, Elon Musk conceived the idea of Starlink, a series of low Earth orbit satellites to provide internet access. Musk has launched 7600 Starlink satellites.
Elon Musk and Tesla, Inc.:
Tesla has the largest share of Elon Musk’s net worth. It was founded in 2003 by Tarpenning and Martin Eberhard. In 2009, with the help of a lawsuit, Elon Musk became the co-founder of Tesla.
Tesla has been selling a series of electric cars, such as the Roadster, Model S, Crossover Model X, Model 3, Model Y, and Cybertruck.
Tesla is also behind Gigafactories. These are the electric vehicle factories. Tesla’s market value is $1.43 trillion.
Elon Musk’s SolarCity and Tesla Energy:
- In 2006, Elon Musk launched the project SolarCity.
- In 2013, SolarCity became the second-largest solar power system provider in the U.S.
- In 2016, Tesla officially acquired SolarCity for $2 billion.
Elon Musk and Neuralink:
Elon Musk is interested in neural technology. In 2016 he founded Neuralink with a $100 million investment.
It is working on integrating the human brain with artificial intelligence to enhance memory and grasping power.
Elon Musk also wants to use it to heal spinal injuries. In 2023, Neuralink allowed 6 human trials to run.
The Boring Company:
In 2017, Elon Musk founded the Boring Company. The goal is to construct tunnels up to 150 miles.
In 2018, The Boring Company opened the Los Angeles tunnel for journalists.
In 2021, the Las Vegas Convention Center tunnel was completed.
Elon Musk and X Corp:
In 2017, Elon Musk decided to buy Twitter. In 2022, Musk purchased Twitter for $44 billion.
He took $12.5 billion in loans and $21 billion in equity finance.
Elon Musk fired several Twitter employees, including the CEO, Parag Agarwal. He became the CEO and rebranded Twitter as “X.”
Elon Musk’s Other Ventures:
Elon Musk launched the idea of making travel cheaper with Hyperloop.
SpaceX and Tesla were assigned to design the Hyperloop system between Los Angeles and San Francisco.
OpenAI and xAI:
In 2015 Elon Musk co-founded OpenAI as a non-profit artificial intelligence company. He pledged to invest $1 billion but only invested $50 million. In 2018, he left OpenAI.
In 2023, Musk launched xAI.
Elon Musk’s Private Jets:
Elon Musk is a fan of private jets. He uses private jets owned by Falcon Landing LLC.
Elon Musk’s Personal Life:
Elon Musk married three times and has 14 children. His first marriage was to Justine Wilson. They married in 2000 and divorced in 2008.
Musk’s second marriage was with Talulah Riley. They married in 2010 and divorced in 2012. They remarried in 2013 and divorced again in 2016.
Elon Musk also dated Amber Heard.
In 2018, Elon Musk started dating Grimes. They had 3 children.
In 2022, Musk dated Natasha Bassett.
Musk is in a relationship with Shivon Zilis, and they had 4 children. He also had a child with author Ashley St. Clair.
In 2025, Elon Musk paid $2.5 million to Ashley St. Clair.
Awards and Achievements:
Elon Musk received multiple awards and achievements:
- George Low Transportation Award (2008).
- The Royal Aeronautical Society Gold Medal (2012).
- Honorary doctorate from Yale University (2015).
- The National Academy of Engineering (2022).
- One of the most influential people in the world by Time 2010, 2013, and 2018.
- Time's Person of the Year 2021.
Conclusion:
Elon Musk’s net worth is $500 billion. He became the richest man with his net worth from Tesla, Neuralink, SpaceX, X, and other ventures. His personal life is full of flings. He had 14 children.
FAQs:
How has Elon Musk gotten rich?
75% of Elon Musk's wealth comes from Tesla.
What is Musk diagnosed with?
Elon Musk was diagnosed with Asperger's syndrome.
How many kids does Elon Musk have?
Elon Musk has 14 children.
What is Elon Musk's IQ?
His IQ is 110.
Who is the richest person in the world?
Elon Musk is the richest person in the world, with a $500 billion net worth.
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