Forbes
PROFILE
Elon Musk
CEO, Tesla
$229.3B
Real Time Net Worth
as of 1/12/24
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Elon Musk cofounded six companies, including electric car maker Tesla, rocket producer SpaceX and tunneling startup Boring Company.
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Elon Musk is working to revolutionize transportation both on Earth,
through electric car maker Tesla and in space, via rocket
producer SpaceX.
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He owns 21% of Tesla but has pledged more than half his stake as
collateral for loans; Forbes has discounted his stake to take the
loans into account.
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Twitter's board agreed to sell the company to Musk for $44 billion
on April 25, 2022, after he disclosed a 9.1% stake and threatened a
hostile takeover.
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SpaceX, Musk's rocket company, is valued at $100 billion after a
funding round in December 2021.
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He grew up in South Africa, then immigrated to Canada at age 17. He
landed in the U.S. as a transfer student to the University of
Pennsylvania.