Elon Musk
$498.8B
Born
Jun 28, 1971
Age
54
Source of Wealth
Tesla, SpaceX
Residence
Austin, Texas
Citizenship
United States
Marital Status
Divorced
Children
11
Education
Bachelor of Arts/Science, University of Pennsylvania
- Elon Musk cofounded seven companies, including electric car maker Tesla, rocket producer SpaceX and artificial intelligence startup xAI.
- He owns about 12% of Tesla, which he first backed in 2004, and which he's led as CEO since 2008.
- In 2024, a Delaware judge voided Musk's 2018 deal to receive options equaling an additional 9% of Tesla. Forbes has discounted the options by 50% pending Musk's appeal.
- SpaceX, founded in 2002, is worth $400 billion based on a private tender offer in August 2025. Musk owns an estimated 42% stake.
- Musk bought Twitter in a $44 billion (enterprise value) deal in 2022. He merged it with xAI in March in a deal valuing the combined company at $113 billion including debt.
- Musk also founded tunneling startup The Boring Company and brain implant outfit Neuralink. The two startups have raised around $2 billion from private investors combined.
- Musk, who says he's worried about population collapse, has fathered at least 14 children with four women, including triplets and two sets of twins.
- As a kid in South Africa, Musk taught himself to code; he sold his first game, Blastar, for about $500.
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