Exploring Elon Musk Net Worth in Billion: From Tesla to SpaceX

Elon Musk net worth in billion is fantastic, but it’s not surprising because he’s the CEO of Tesla and SpaceX. Listed as the richest person, he’s known as one of the most visionary and controversial entrepreneurs of the 21st century. Here are facts about his main business that made him who he is today.

Primary Contributions to Elon Musk Net Worth in Billion

1. Tesla

Although Tesla isn’t the founder of Tesla, Musk is known to have entered in early 2004 as a major investor. He participated in the initial funding series and immediately became chairman of the board of directors/chairman. His contribution is quite large with the amount of money invested around $ 6-7 million.

Now he’s listed as a co-founder of Tesla and can be seen actively in making technical decisions and this company. This started with Tesla’s financial turmoil in 2008 and Elon Musk saved it by taking over as CEO. His role as a product architect is also large and with Tesla’s increasing success, Elon Musk has become richer.

2. SpaceX

SpaceX was founded in 2002 through Elon Musk’s investment of approximately $100 million. At the beginning of the rocket experiment, there were failures so it’s not surprising that this business almost went bankrupt. But after Falcon 1 rocket in 2008 successfully, SpaceX began to receive great attention from NASA and the American government.

Wealth of Elon Musk is accumulated including from SpaceX which started from his big dream to experience space travel. Unlike Tesla which was founded by someone else first, SpaceX was indeed entirely founded by Elon Musk from the beginning. This is one of the biggest and most ambitious projects he has undertaken until now.

3. X (Twitter)

Twitter, which was officially launched in 2006, was later bought by Elon Musk for $44 billion in 2022. As the new owner, he then changed Twitter’s name to X because he wanted to make this application multipurpose. Musk’s policy change clearly caused controversy because big advertisers ended up running away.

Although not as big as Tesla and SpaceX in providing him profits, X is still included in Elon Musk’s wealth. This is also because he owns 100% of X’s shares with a company value that is still high. Not yet fully an application as Elon Musk wanted, X is still in the process of being monetized.

4. The Boring Company & Neuralink

Elon Musk net worth in billion dollars is estimated to be $411 billion and it comes from The Boring Company. The Boring Company focuses on creating underground tunnels as a solution to traffic jams for electric cars to pass through. Investors really believe in Elon Musk’s crazy ideas, so the value of his company is included in his wealth.

Meanwhile, Neuralink is a biotechnology company founded by Elon Musk with the aim of helping people with paralysis. Elon Musk’s shares are large in this company and their value continues to rise because his project attracts many investors. Because the trial in 2024 was considered successful, this business is included in Elon Musk’s wealth.

Elon Musk net worth in billion makes him the world spotlight because of his growing business. His wealth of around $411 million comes from the four main businesses mentioned. Despite some controversies of his decisions, he still dominates the list of the richest people in the world.