A Look into Elon Musk Net Worth 2023 and How He Became One of the Richest People in the World

Elon Musk Net Worth
Elon Musk Full NameElon Reeve Musk
Elon Musk Date Of Birth28 June 1971
Elon Musk Age51 Years
Elon Musk Height180 cm /1.8 m / 5ft 11inches
Elon Musk Weight82 Kg/ 180 lbs
Elon Musk Zodiac SignCancer
Elon Musk NationalityAmerican, South African, Canadian
Elon Musk WifeTalulah Riley (m. 2013; div. 2016),Talulah Riley
(m. 2010; div. 2012)​, Justine Musk (m. 2000; div. 2008)​
Elon Musk FatherErrol Musk
Elon Musk MotherMaye Musk
Elon Musk BrotherKimbal Musk
Elon Musk SisterTosca Musk
Elon Musk DaughterVivian Jenna Wilson, Exa Dark Sideræl Musk
Elon Musk SonX AE A-XII Musk, Nevada Alexander Musk, Griffin Musk,
Kai Musk, Damian Musk, Saxon Musk

Elon Musk is one of the most recognizable names in the world today. He is the founder of Tesla and SpaceX, and is one of the wealthiest people alive, with a net worth estimated at around $228 billion. He has made major contributions to various industries, including electric vehicles, space exploration, and artificial intelligence. His success is a testament to his ambition, hard work, and unyielding vision. It’s no wonder that he has become a household name and an inspiration to entrepreneurs worldwide. In this article, we’ll take a deeper look into Elon Musk net worth and explore how he achieved such remarkable success. We’ll look at his early life, his career trajectory, and the various investments and companies that have made him such an influential figure.

Early Life and Education

Elon Musk was born in South Africa on June 28, 1971. His father was an electromechanical engineer and his mother was a dietician and author, who had eight children altogether. Musk was the oldest child in his family and the only son. As a child, Musk was quite rebellious. He got two sayings from his parents throughout his childhood and adolescence that he says greatly shaped his life: “You don’t find money, and you don’t find success. You have to go out and find it yourself.” and “Whatever you do, you must do it for the love of it.” Musk has said that he has always been an ambitious, goal-oriented person. He left South Africa at the age of 17 to attend Queen’s University in Ontario, Canada. There, he studied Physics and Economics, but shortly dropped out. He then transferred to the University of Pennsylvania, where he received a degree in Economics and stayed to earn a second degree in Physics.

Career Trajectory

Shortly after graduating, Musk worked on a variety of software and technology projects. He also worked as a consultant for a few companies. In 1995, Musk started a company called Zip2, an early online city guide. He received $375,000 in start-up funding from his business partner, the well-known venture capitalist, Tim Draper. Musk company created a city guide for the internet, where people could find the addresses and phone numbers for businesses, as well as maps and directions.

This was before Google created their maps, so it was a very cutting-edge idea. Musk sold Zip2 to a publishing company called the New York Times for $307 million in cash and $33 million in stock. After the sale, Musk earned enough money to not work for a decade. He decided to move to Silicon Valley and start a company called X.com, which later became PayPal. The company was sold to eBay for $1.5 billion in 2002, which made Musk a lot of money.


After selling PayPal, Musk started to think about what he wanted to do next. He started reading about and researching the idea of an electric car, which he had been interested in for a long time. In 2003, he founded Tesla. Tesla’s goal was to create a new type of car, one that was completely different from gas-powered cars, which have been the standard since the early 1900s. In order to create this new car, Musk had to design and engineer the entire car from scratch. He had to create an entirely new type of battery that could run a car for an extended period of time. He also had to find thousands of dollars to start the company. He initially invested $100 million of his own money, but had to keep finding new investors to keep the company afloat. Through Tesla’s early years, Musk was incredibly focused on the company and its mission, often sleeping at the Tesla office. In 2008, Tesla created the first fully electric sports car called the Tesla Roadster. In 2010, Tesla released its first fully electric sedan called the Model S. The Model S was a critical success and became the world’s best selling electric car.


While Musk was busy building Tesla, he continued to think about the future of space travel. In 2001, he founded a company called SpaceX with the goal of building fully reusable rockets, which could travel to Mars. Musk initially invested $100 million of his own money into the company. In 2004, he raised $50 million from various investors. Later, he invested another $100 million of his money into the company, bringing his total investment to $200 million. SpaceX kept growing and soon became one of the most important aerospace companies. In 2010, SpaceX became the first private company to send a spacecraft to the International Space Station. In 2012, SpaceX became the first private company to send a spacecraft back to Earth after completing its mission. In 2018, SpaceX launched Falcon Heavy, the most powerful rocket in operation today.


In 2006, Musk started another company called SolarCity. SolarCity sells solar panels and installs solar power systems in residential and commercial buildings. Musk had been interested in solar energy for a long time. He initially wanted to start a solar company with his cousins, who were also his employees. After some initial discussions, Musk decided to start the company on his own. The company started very small but has grown into an important and valuable company.

Other Investments and Companies

Aside from his three main companies, Musk has invested in and helped other companies in a variety of industries. He has invested in companies like Airbnb, Brain Corp, General Vision, Hyperloop, Iron Man, NeuroVigil, and Vicarious. He has also helped fund a new artificial intelligence research company called OpenAI and a company called The Boring Company, which plans to create new tunnels for high-speed travel under the ground.

Elon Musk Net Worth

Over the years, Musk has become one of the wealthiest people in the world. He has an estimated net worth of $228 billion. He has achieved this through the success of his three main companies: Tesla, SpaceX, and SolarCity. Tesla is worth $386.51B, while SpaceX is worth $125 billion. SolarCity was acquired by Tesla in 2016 and is now worth $3 billion.

Musk also has a stake in various other companies, including Uber and OpenAI, which are expected to become worth billions of dollars in the future. Although Musk has achieved so much success and become one of the wealthiest people in the world, he still works 80 hours a week and sleeps only about 5 hours a night. Musk is known for being hardworking and unyielding, and he rarely takes time off. He does not own many properties or cars, and lives very modestly for a person of his wealth. He has said that he wants his children to grow up without too much money, so he does not give them a lot of money, and he does not own many expensive things.

Elon Musk Twitter

Many people who are curious about Elon Musk net worth start with a Google search of “elon musk twitter.” For many years, he used his Twitter account to promote the companies he was involved in, talk about his personal interests, and even share some of his frustrations, like his thoughts about the AI threat to humanity. But Musk made the bold decision to shut down his Twitter account after facing scrutiny for his controversial tweets about taking Tesla private, which got him into some trouble with the SEC.

Elon Musk Change Twitter Logo

Elon Musk replaced the Twitter logo with the Dogecoin canine. Elon Musk is presently dealing with a $258 million class action federal lawsuit accusing him of running a pyramid scheme because he expressed his support for Dogecoin in several tweets.

Elon Musk Biography

Elon Musk was born on June 28, 1971, in Pretoria, South Africa. He was raised in a financially struggling household where his father, Errol, and his mother, Maye, worked long hours. His parents divorced when he was nine years old, and he and his brother, Kimbal, were raised by their father. At the age of 10, he taught himself computer programming, and at age 12, he sold his first software, a game that he created, for $500. From an early age, Musk was interested in entrepreneurship and the world of space and science. In fact, he wanted to be an astronaut, so he applied and was rejected by NASA. Instead, he went on to earn degrees in physics and economics from the University of Pennsylvania. From there, he transferred to the University of California, Berkeley, to study business and economics.

SpaceX Mars program

Elon Musk has been obsessed with getting people to Mars since he was a child. His interest started when he read The Exploration of Space by Frederick Ordway. He has said in interviews that it was at that moment that he knew what he wanted to do for the rest of his life. His company, SpaceX, released an updated plan for its Mars mission in September 2018. In the updated plan, the company said the mission would involve two spaceships. One would carry the people who would live and work on Mars, and the other would be the supplies and equipment needed to set up the base. The ships would take between 80 and 150 days to get to Mars, and the people on board would enter Mars’s orbit and get to the planet’s surface using the ship’s retro rockets.

Eelon Musk Foundation

The Elon Musk Foundation was founded by Elon Musk in 2002 with the mission of improving the lives of children and families around the world. The foundation focuses on providing educational resources, economic opportunities, and health care to those in need. The foundation has also funded a number of research initiatives and charitable organizations, including the XPRIZE, which provides awards for innovation in science and technology.

Elon Musk Foundation is committed to creating a better world for all. With its various initiatives, the foundation has been able to make a real difference in the lives of people all over the world. The foundation has provided scholarships to students from low-income families and has provided grants to organizations working to improve educational opportunities for students in underserved communities.

The Elon Musk Foundation also supports research initiatives that are focused on improving the lives of people in need. The foundation has funded initiatives that are focused on renewable energy, clean energy, and efficient energy sources. The foundation has also provided funding for research initiatives that focus on improving healthcare access, providing clean water, and developing affordable housing.

In addition to its work in research, the Elon Musk Foundation also works to empower individuals and communities. The foundation has provided grants to organizations that are focused on helping people create their own businesses and increase their incomes. The foundation is also committed to helping individuals and communities access resources, such as healthcare and education, that can help them improve their lives.

The Elon Musk Foundation is committed to making a real difference in the lives of people around the world. With its various initiatives, the foundation has been able to make a real difference in the lives of people in need. The Elon Musk Foundation is dedicated to advancing the well-being of people and communities around the world and its efforts have helped to improve the lives of many.

Elon musk SolarCity

Musk first invested in SolarCity, which is a company that installs solar panels, in 2010. He currently serves on the company’s board of directors and owns 22% of the company. Because of his stake in the company and the fact that he sits on its board, Musk was investigated by the Securities and Exchange Commission (SEC) in 2016 when he was chairman of Tesla and his cousins, Lyndon Rive and Peter Rive, were co-founders and CEOs at SolarCity. The investigation came after Musk made a proposal to Tesla shareholders to acquire SolarCity as a Tesla subsidiary. Although Musk was cleared of any wrongdoing, the deal between Tesla and SolarCity fell through.


While most people know Elon Musk for his work in the space industry and electric cars, he has also made significant investments in various companies and industries. His investments include companies like OneWeb, a project that aims to put a network of satellites in low Earth orbit to provide internet access to areas that don’t have it, and Neuralink, a company that is developing a device that can be implanted in the human brain and allow for seamless communication between humans and computers.

He has been a visionary, and his entrepreneurial spirit has had a positive impact on the world. His name will be remembered as a leader in the fields of technology and business, as well as an inspiration to future generations of entrepreneurs. Over the past two decades, Elon Musk has become one of the most important and influential figures in tech, business, and space exploration.

He has achieved this through his hard work, perseverance, and ambitious vision. Musk has helped to create and advance several industries. Without his contributions, the world of technology and business would be very different. Musk has built an incredible empire, and he continues to make important contributions to society.


Frequently Asked Questions – FAQs About Elon Musk

Q. Who Is Elon Musk?

Elon musk is the CEO of Tesla Inc. (TSLA) and the CEO and lead designer of his space company, SpaceX and many more. He is world’s richest person.

Q. How Old Is Elon Musk?

Elon musk is 51 years old.

Q. Where Is Elon Musk from?

Elon musk is from Pretoria, South Africa.

Q. How Much Is Elon Musk Worth?

Elon musk has a net worth of $228 billion.

Q. Where Was Elon Musk Born?

Elon musk was born in Pretoria, South Africa.

Q. Where Does Elon Musk Live?

Elon musk lives in Boca Chica, Texas, near his SpaceX facility.

Q. How Rich Is Elon Musk?

Elon musk has a net worth $210 Billion as of 27 October 2022.

Q. How Much Does Elon Musk Make a Second?

Elon musk makes $375 Per second.

Q. How Much Does Elon Musk Make an Hour?

Elon musk makes $1.35 Million Per hour.

Q. How Much Did Elon Musk Pay in Taxes?

During 2014-18 , elon musk paid $455 Million in taxes.

Q. How Many Shares of Tesla Does Elon Musk Own?

Elon musk holds about 155 million shares of tesla.

Q. How Much Does Elon Musk Make a Minute?

Elon musk makes $22,500 per minute.

Q. How Much Money Does Elon Musk Make a Year?

Elon musk makes $11.826 Billion per year.

Q. What Is Elon Musk Ethnicity?

Elon Musk has British and Pennsylvania Dutch ancestry.

Q. Who Owns Twitter Before Elon Musk?

 Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams owns twitter before elon musk.

Q. When Does Elon Musk Wake Up?

Elon musk wakes up at 7 AM.

Q. How Much Does Elon Musk Make an Day?

Elon musk makes $32.4 Million per day.

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