Elon Musk’s Net Worth: How Much Money He Has in 2025

Since Election Night, Elon Musk, who performed an lively position in President Donald Trump‘s efforts to secure a second term in 2025, has only gained greater influence within Trump’s interior circle.

On November 12, 2024, Trump introduced that Musk, in conjunction with former Republican presidential candidate Vivek Ramaswamy, would lead the newly established Department of Government Efficiency (DOGE), which isn’t an reliable govt company. Trump stated the duo “will pave the way for my administration to dismantle government bureaucracy, cut excessive regulations, eliminate wasteful spending, and restructure federal agencies.”

Trump’s ongoing endorsement of Musk has reinforced his trade ventures. For instance, SpaceX noticed its valuation surge to about $350 billion, in keeping with a Bloomberg document from December 2024.

On May 28, 2025, Elon printed that his time with the Trump management has come to an finish. On X, he wrote, “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending.” He endured, “The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government.”

Learn extra about Musk’s web price and different main points beneath.

What Is Musk’s Net Worth?

Musk recently has an estimated web price of $429.0 billion, in keeping with Forbes’ Real-Time Billionaires List on the time of e-newsletter.

He was once the primary particular person to surpass a web price of $400 billion, peaking at $464 billion on December 17, 2024.

How Did Musk Make His Money?

A good portion of Musk’s web price comes from his 12% stake in Tesla, which represents roughly 412 million stocks. He has pledged 58% of his Tesla stocks as collateral for private loans totaling $3.5 billion. In 2022, Musk offered $40 billion price of Tesla inventory to assist fund his $44 billion acquisition of Twitter, which he later rebranded as X. Although Musk nonetheless owns kind of 79% of the corporate at that unique valuation, Twitter’s price has dropped by way of just about 70% as of August 2024.

Musk could also be the co-founder of SpaceX and The Boring Company and serves as chairman of SolarCity. He owns 43% of SpaceX, which was once valued at $180 billion in its most up-to-date investment spherical and is now estimated at $350 billion. The Boring Company, against this, was once valued at round $5 billion in its newest spherical.

Additionally, Musk owns about 54% of xAI, the unreal intelligence corporate he based in 2023. The startup was once valued at $50 billion as of ultimate month, in keeping with the Wall Street Journal.

Who Are the Richest People within the World?

As of as of late, the richest other people on the planet in keeping with Forbes’ Real-Time Billionaires List are:

1. Elon Musk – $334.2 billion
2. Jeff Bezos – $214.8 billion
3. Mark Zuckerberg – $214.1 billion
4. Larry Ellison – $186.5 billion