Regarding his personal assets, although he sold the majority of his properties in 2020-2021 to adopt a more minimalist lifestyle, he retains high-value assets, including options on Tesla and SpaceX stocks. He also owns several technology companies, including Tesla and SpaceX, which hold important technology patents.
How Elon Musk made his fortune?
Elon Musk, born in 1971 in South Africa, became passionate about technology very early on. At 12, he programmed his own video game, Flavor. After arriving in the United States, he co-founded Zip2an urban guide platform, which he sold for nearly $300 million. Then he founded X.comwhich will become PayPal and would be acquired by eBay for $1.5 billion in 2002, generating $165 million for Musk.
In 2004, he joined Teslawhere he became the face of the electric vehicle revolution. Tesla’s IPO in 2010 marks a turning point: today, Tesla is valued at more than $900 billion, and Musk owns 13%. At the same time, in 2002, he founded SpaceXwhich is revolutionizing the space industry with reduced costs and ambitious missions, while aiming for the colonization of Mars. SpaceX is now valued at more than $150 billion.
In 2022, Musk made a splash by acquiring Twitter (X) for $44 billion. Although this purchase does not directly increase his fortune, it allows Musk to expand his influence, particularly as a major player in social media. This acquisition also strengthens his relationship with Donald Trump, of whom he has become a key financial supporter. In 2024, Musk became one of the largest American political donors, contributing $132 million to Republican causes, including the re-election of Donald Trump. This political involvement strengthens its ties to the Trump administration, including securing lucrative government contracts for Tesla and SpaceX. This strategic alliance then consolidated its financial position, thus propelling its fortune to historic levels.
For several years, a Tesla smartphone has also been mentioned. Will Elon Musk compete with Apple, Samsung and Google in the telephony market?
How much does Elon Musk earn per day per second?
With a fortune estimated between $375 and $447 billion, according to calculations by Forbes et BloombergElon Musk’s income is simply dizzying. Based on his lowest net worth of $375 billion, that means on average he makes about $410 million per day. On a second scale, that’s almost $4,750. Taking into account the maximum value of his fortune, i.e. $447 billion, his daily income amounts to approximately $488 million, or almost $5,650 per second. These figures, although staggering, vary depending on fluctuations in the financial markets, particularly the performance of Tesla and SpaceX, but also the management of its financial options, notably those linked to the 2018 agreement.
