Elon Musk Net Worth 2024 – How Rich Is Elon Musk?

Elon Musk Net Worth

Get to know Elon Musk with this comprehensive biography! Discover his age, height, weight, and body stats plus any tattoos he may have. Plus find out how much money his worth and learn about his family background – all the details right here! Let’s dive in.

Elon Musk’s Net Worth

Elon Musk’s net worth was fluctuating around the $229.9 billion mark, making him one of the world’s richest individuals. The primary sources of his vast wealth are his stakes in his companies like Tesla, SpaceX, Neuralink, The Boring Company, and SolarCity. The exact amount can vary greatly due to stock market dynamics, especially the value of Tesla shares, which have seen substantial increases over the years. Given his entrepreneurial endeavors and the success of his businesses, Musk’s net worth is subject to change as the markets rise and fall.

Elon Musk’s Early Life and Family

Born on June 28, 1971, in Pretoria, South Africa, Elon Musk showed signs of his prodigious intellect early on. By the age of 10, he developed an interest in computing and taught himself computer programming. By the age of 12, he had already sold a video game he created called “Blastar”.

Musk’s parents, Maye and Errol Musk, divorced when he was young. Maye Musk went on to have a successful career as a model and dietitian, while Errol was an electromechanical engineer, pilot, and sailor. Elon has a brother, Kimbal, and a sister, Tosca. Kimbal is an entrepreneur and environmentalist, while Tosca is a filmmaker and founder of Passionflix.

As a teenager, Musk was determined to move to the U.S., believing it to be the land of opportunity. Before he could directly move to the U.S., he first relocated to Canada to attend Queen’s University at the age of 17, leveraging his mother’s Canadian ancestry. Later, he transferred to the University of Pennsylvania in the U.S., where he earned two bachelor’s degrees: one in physics from the College of Arts and Sciences and one in economics from the Wharton School.

Elon Musk’s Relationship Status and Personal Life

Throughout the years, Elon Musk’s personal life has been in the spotlight almost as much as his professional achievements. He was first married to Justine Wilson in 2000, and the couple had six sons, including a set of twins and triplets. Tragically, their first son, Nevada, died of Sudden Infant Death Syndrome (SIDS) when he was just 10 weeks old. Elon and Justine divorced in 2008.

In 2010, Musk married British actress Talulah Riley. Their relationship was tumultuous, leading to multiple divorces and reconciliations. They eventually finalized their divorce in 2016.

In 2018, Musk started dating musician Claire Boucher, popularly known as Grimes. In May 2020, they welcomed a son, X Æ A-12 Musk, a name that created quite a buzz for its unconventional structure. Musk and Grimes have described their relationship status as semi-separated but remain on good terms and co-parent their son.

Elon Musk companies
Elon Musk companies

Elon Musk’s Career

Musk’s career is a testament to his vision, determination, and ability to disrupt multiple industries. His first significant venture in the U.S. was Zip2, a city guide software for newspapers, which Compaq acquired for almost $300 million in 1999. Musk then co-founded X.com, an online payment company, which after a series of rebrandings became what we know today as PayPal. eBay acquired PayPal in 2002 for $1.5 billion in stock.

But these initial ventures were only the beginning. Musk founded SpaceX (Space Exploration Technologies Corp.) in 2002 with the dream of reducing space transportation costs to enable the colonization of Mars. SpaceX has launched numerous rockets, achieved the first-ever private spacecraft to dock with the International Space Station, and has ambitious plans for interplanetary travel.

In 2004, Musk joined engineers Martin Eberhard and Marc Tarpenning to help fund Tesla Motors. Under Musk’s leadership, Tesla has revolutionized the auto industry, pushing electric vehicles to the forefront of consumer consciousness and automotive innovation.

Additionally, Musk has embarked on several other ventures:

  • SolarCity (founded in 2006 with his cousins): Aims to provide solar power systems for residential and commercial customers.
  • Neuralink (founded in 2016): Focuses on creating devices that can be implanted in the human brain to merge with software and keep pace with advancements in artificial intelligence.
  • The Boring Company (founded in 2016): Seeks to reduce traffic in cities using a network of underground tunnels.

Musk’s ability to challenge and innovate in established industries — from online payments to electric vehicles to space travel — has solidified his reputation as one of the most influential entrepreneurs of the 21st century.

Frequently asked questions about Elon Musk

Who is Elon Musk?

Elon Musk is a visionary entrepreneur, engineer, and inventor known for his work in revolutionizing several industries, from electric vehicles and solar energy to space travel. He is the founder, CEO, and lead designer of SpaceX; CEO and product architect of Tesla, Inc.; CEO of Neuralink; and founder of The Boring Company. Musk has consistently been at the forefront of innovation in the 21st century, aiming to reduce the carbon footprint of humanity and make life multi-planetary.

Is Elon Musk Married?

Elon Musk is not married. He has been married twice before — first to Justine Wilson and then to British actress Talulah Riley. In recent years, he has been in a relationship with musician Claire Boucher, popularly known as Grimes, though they’ve described their relationship status as semi-separated.

What is the net worth of Elon Musk?

Elon Musk’s net worth was fluctuating around the $229.9 billion mark, making him one of the world’s richest individuals. However, it’s important to note that such figures are subject to change based on stock market dynamics, particularly the value of Tesla shares which contribute significantly to his net worth.

How Many Children(s) does Elon Musk have?

Elon Musk has seven children. He had six sons with his first wife, Justine Wilson. Their first son, Nevada, tragically passed away at a young age due to Sudden Infant Death Syndrome (SIDS). They subsequently had twins and then triplets. With musician Grimes, Musk welcomed another son, X Æ A-12 Musk, in May 2020.

What is the zodiac sign of Elon Musk?

Elon Musk was born on June 28, 1971, making his zodiac sign Cancer.