Elon Musk makes upwards of $2400 million each year.
Elon Reeve Musk is a business magnate and investor. Musk is the founder, CEO, and chief engineer of SpaceX, an angel investor, CEO, and product architect of Tesla, Inc., the founder of The Boring Company, the co-founder of Neuralink and OpenAI, the president of the Musk Foundation, and the owner and CEO of Twitter, Inc.
As of October 27, 2022, it is estimated that Musk's net worth is around $210 billion. According to both the Bloomberg Billionaires Index and Forbes's real-time billionaires list, this makes him the richest person in the world.
What is Elon Musk’s net worth?
Elon Musk is currently worth $210 billion as of October 2022.
How did Elon Musk earn his money?
Numerous businesses belonging to Elon Musk, such as PayPal, SpaceX, and Tesla, have generated a great deal of revenue for him. He also owns 15% of Tesla through shares, which makes his net worth even bigger. In 1995, Musk launched Zip2, an online local business directory. In 1999, Compaq Computer Corp. bought Zip2 for $307 million. AltaVista was a search engine, and Zip2 became a part of it. Musk got $22 million from the sale.
He then launched an online banking service called X.com. In 2000, X.com merged with Confinity, and in 2002, the merged company was renamed PayPal. When eBay bought PayPal in 2002, Musk is thought to have made around $170 million, after taxes.
In 2002, Musk founded SpaceX, an aerospace manufacturing company whose current value is estimated to be $74 billion. He joined Tesla in 2004 and was made its CEO in 2008. The car company is thought to be worth more than $1 trillion. According to CNN Business, he has also founded The Boring Company, a tunneling construction company, which has been estimated to be worth nearly $5.7 billion.
Furthermore, Musk co-founded the nanotechnology company Neurolink and the AI research company Open AI. He invested in SolarCity, which was subsequently acquired by Tesla for $2.6 billion.
Where was Elon Musk born?
Elon Musk was born in Pretoria, South Africa.
FAQs
Q. How old is Elon Musk?
A. Elon Reeve Musk was born on June 28, 1971. He is currently 51 years old.
Q. Where does Elon Musk live?
A. According to sources, Elon Musk currently lives in Boca Chica, Texas, USA.
Q. How much did Elon Musk buy Twitter for?
A. Elon Musk bought Twitter for about $44 billion
Q. What are Elon Musk’s children’s names?
A. Elon Musk’s children’s names are Maye Musk, Sandy Garossino, Errol Musk, and X Æ A-Xii Musk.
