votevoice.org

Encouraging civic involvement

Elon Musk Worth

It is difficult to accurately estimate Elon Musk’s actual Net Worth as several of his major companies are no publicly held and have interlocking relationships.

His Net Worth has increased substantially since the election of Donald Trump.


Tesla  $143 Billion (13% ownership of $1.1 Trillion)

Tesla is one of the largest carmakers in the world. The company builds and designs fully electric vehicles and also makes energy generation and storage products like solar panels, solar roof tiles, and battery systems. Its vehicles include sedans, mid-size SUVs and the CyberTruck.

He owns about 12% of Tesla excluding options, but has pledged more than half his shares as collateral for personal loans of up to $3.5 billion.

Tesla stock rocked after the election but has declined recently.


SpaceX   $125 Billion (42% ownership of $350 Billion)

Musk is also the cofounder and CEO of SpaceX, a rocket manufacturing company that counts NASA as a client and helps resupply the International Space Station.

SpaceX became the most valuable startup in the world when it was valued at $350 billion during an insider share sale in December 2024, according to Bloomberg.

Musk owns 42% of SpaceX, which has launched over 400 rockets since it was founded in 2002, and has more than 4 million subscribers for its Starlink internet service.

Starlink produced a few hundred million dollars in free cash flow for SpaceX in 2024. However, with revenues expected to leap in 2025 to above $12 billion, Quilty Space estimates that free cash flow will grow to about $2 billion.


X (Twitter)   $7.4 Billion (79% ownership of  $9.4 Billion)

In April 2022, Musk bought Twitter for $44 billion after threatening a hostile takeover. The deal was finalized in October 2022 after Twitter sued Musk for trying to back out of the deal.

His takeover has been controversial, as he laid off much of the company’s workforce and added a paid subscription service ($8 per month) for anyone who wants their account verified. Musk owns about 79% of X. In July 2023, Musk rebranded Twitter as X, replacing the blue bird logo with the letter.

Bloomberg reported that X is in talks to raise money that would value the company at $44 billion. The anonymous sources Bloomberg cited acknowledged that the ongoing talks could break down, and it’s not clear whether X will actually fetch that valuation.

Helping X’s rebound: It reportedly holds a stake in xAI, Musk’s AI company, which itself is seeking a $75 billion valuation in a latest funding round.

“The best thing that ever happened to Musk was betting on the Trump White House,” said Wedbush analyst Dan Ives, who added that he estimates Trump’s reelection doubled X’s valuation.


xAI  $24 Billion (60% ownership of $40 Billion)

Musk founded artificial intelligence firm xAI in 2023. As of October 2024, xAI is in talks for a funding round with investors that would value the company at about $40 billion, according to The Wall Street Journal. Musk owns about 60% of xAI, per Forbes.

 The team at xAI is led by Musk and others who have previously worked with OpenAI, DeepMind, Google Research, Microsoft Research, and Tesla.

Current xAI investors — Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners — are reportedly in talks to join the $10 billion raise, bringing xAI’s total funding to $22.4 billion. Interestingly enough, the potential involvement of international investors, including the Qatar Investment Authority, could add a geopolitical dimension to the funding round, highlighting global interest in AI development.


The Boring Company   $5 Billion (90% ownership of $5.7 Billion)

Musk is also the founder of The Boring Company, a construction company that aims to “solve traffic” by building tunnels.12 The company raised $675 million in April 2022 at a valuation of $5.7 billion, according to a release.14


Neuralink  est $7 billion  (x% ownership)

Eight people — Musk, Max Hodak, Tim Hanson, Tim Gardner, Venessa Tolosa, Ben Rapoport, Paul Merolla, Dongiin Seo and Philip Sabes — founded Neurolink in 2016, but as of 2022, only Musk and Seo remain. Musk is the majority owner of Neurolink.

Please follow and like us: