Elon Musk Net Worth
According To Uswhispers Elon Musk's personal worth $12 billion in a single day
Tesla's 'Technoking,' Elon Musk, lost $12 billion of his personal wealth on a day he chose to speak about his political preferences on Twitter, Bloomberg reported. Musk is a candidate to be the CEO of Twitter.
Musk is frequently found joking around on Twitter. He's recently shared broad ideas about how Twitter, a company he'd love to acquire, could be improved. Tesla CEO Elon Musk, on the other hand, took to Twitter on Wednesday to air his grievances and express his political views.
In the wake of Tesla's removal from the S&P 500, a ranking of companies based on their ESG policies, Musk went on a tirade. Reuters reported that the S&P 500 is a new benchmark investors use before making their decisions. Clearly, the companies on this list have taken significant steps to both protect the environment and help society move into a new era.
Elon Musk is a Canadian-American entrepreneur, inventor, and investor from South Africa. The total wealth of Elon Musk is estimated at $201 billion. SpaceX CEO and CTO Elon Musk is best known for his roles as CEO and CTO of Tesla Motors, Tesla Motors CEO and Chief Product Architect (and Chairman) of SolarCity, and CEO and CTO of SpaceX. As the richest person on Earth, and the richest person in modern history, he holds the title.
Zip2 Corporation, Musk's first company, was an online guide to cities. Compaq Computer purchased Zip2 for $307 million in cash and $34 million in stock options in 1999. After X.com was founded in 1999, Musk co-founded a financial services/payments company called PayPal in 2000. Following the acquisition of X.com the following year, PayPal was born and in 2002 it was purchased by eBay in a stock deal worth $1.5 billion.
Tesla's outstanding shares are currently held by Elon Musk, who owns about 24% of the company's stock and 43% of privately held SpaceX. It was in October 2021 that Tesla's market capitalization crossed $1 trillion for the first time. A $100 billion valuation was snatched up by SpaceX the same month. For the first time, Elon's net worth was hovering around the $300 billion mark..
On July 10th, 2020, Elon's fortune surpassed the $70 billion mark for the first time. At that point, SpaceX was responsible for $15 billion, and Tesla was responsible for the remaining $55 billion.
According To Uswhispers
$15 billion of Elon's net worth came from SpaceX, while $65 billion came from Tesla on July 13, 2020.
His net worth crossed the $90 billion mark for the first time in August 2020, thanks to two major factors. Shares of Tesla climbed to an all-time high of $1,900 in mid-August, according to the company's website. The total market capitalization of the company was $350 billion at that time. With a 20 percent stake, Elon had a net worth of $70 billion at the time of his exit. On August 18, 2020, SpaceX's stock was officially valued at a higher price. SpaceX's private valuation jumped from $36 billion to $46 billion following the fundraising round. Elon's 48 percent stake in the company adds $22 billion in pre-tax wealth to his net worth at a valuation of $46 billion.
When Elon reaches $100 billion in net worth on November 17, 2020, it will be the first time in history. He overtook Mark Zuckerberg as the world's third-richest person at that point.
A milestone will be reached on November 24, 2020, when Elon Musk's net worth tops $128 billion. For the first time, he overtook Bill Gates as the world's second-richest person at that point. His net worth had increased by $100 billion since January 1, 2020, when he was $54 billion short of Jeff Bezos' $184 billion fortune.
Elon Musk's net worth surpassed $195 billion on January 7th, 2021. Elon Musk became the world's richest person for the first time on this day.
Elton's net worth reached $210 billion on January 8, 2021 despite only having $170 billion to work with when the week began on January 7.
Elon will have a net worth of $300 billion by the time Tesla and SpaceX reach $1 trillion in market capitalization in October 2021.
At $1.2 trillion in market value on November 1, 2021, Elon Musk had a net worth of $335 billion.
How Much Does a Tesla CEO Make?
Tesla CEO Elon Musk does not receive a salary. His compensation is instead tied to the company's market cap milestones, which is both extremely unusual and extremely lucrative. Tesla had a market capitalization of $50 billion at the time of the inception of the scheme. On the basis of a $50 billion market cap increase, there are a total of 12 milestones. To be eligible for the full $100 billion in bonus money, Elon met all of the plan's requirements. After the Board of Directors confirms that the milestone has been met, shares of this plan are distributed quarterly.