Connect with us

NFL

Elon Musk’s Billion-Dollar Fortune: Where Does His Money REALLY Come From?”

Published

on

 

Elon Musk is the richest man in the world, but where does this money come from? Most of it comes from his stakes at Tesla and SpaceX.

 

Tesla, the electric car and energy company, is Musk’s main wealth generator. As of 2025, he owns about 13% of Tesla. The company’s success in electric cars, battery tech, and self-driving has made it the most valuable car maker.

Musk also owns 42% of SpaceX, which was at $350 billion in December 2024, SpaceX’s reusable rockets and NASA contracts have played a big role in growing Musk’s fortune. His other ventures include X, formerly known as Twitter, XAI, which is his artificial intelligence company, The Boring Company, a tunnel building company worth $3.3 billion and he made about $180 million from the sale of paper. Which helped start his other ventures.

Tesla benefits from electric vehicle incentives, while SpaceX gets big contracts from NASA and other companies. These have helped Musk’s companies grow. Musk’s wealth is tied to his companies, meaning it can rise and fall based on their performances. Despite the fluctuations, he continues to expand his business empire, taking on new challenges in space, AI, and infrastructure.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NFL2 hours ago

BREAKING: Tom Brady Roasts Travis Kelce Over Super Bowl Focus, Suggesting ‘If He Had Focused on Football Instead of Taylor Swift, Chiefs Would Have a 3-Peat’; Jason Kelce Hits Back, ‘I Love Brady, But If He Had Focused on His Wife More, He’d Have a Wife Right Now’

CELEBRITY2 hours ago

Erin Andrews Sends Clear Messages to Pop Star Taylor Swift After NFL Season . Fans Are Freaking out on this

NFL4 hours ago

Breaking News: ” Travis Kelce and Patrick Mahomes’ Homes SHOCKINGLY Invaded by Mysterious Intruders

NFL5 hours ago

Taylor Swift Pays Visit to Louisa, Who Divorced Husband After Booing Her at Super Bowl In a heartwarming turn of events, Taylor Swift was spotted making a surprise visit to Louisa Thompson, a woman whose personal life made headlines last week after her divorce from her husband.

NFL9 hours ago

Kylie Kelce hits back at claims she refused to eat Taylor Swift’s cooking as she praises singer for influence on Travis

NFL1 day ago

“Travis Kelce Drops BOMBSHELL on New Career Path That Could Completely SHOCK NFL Fans. on the New Height Podcast, Kansas City Chiefs star Travis Kelce has given fans a glimpse into his future, and it’s not what anyone expected.

CELEBRITY1 day ago

BREAKING: Mark Zuckerberg Caught in Secret Romance with Kim Kardashian?! Shocking Photos Emerge After His Wife Faints! Is the Facebook mogul hiding a steamy affair with the reality TV queen? Fans were left stunned when intimate pictures surfaced online, just after

CELEBRITY1 day ago

Just in : George Lopez Shocks Fans by Quitting Legendary TV Show and Leaving the US: “I Can’t Live Here for the Next 4 Years”

CELEBRITY1 day ago

“Shocking Twist: Kim Kardashian Becomes Nike’s Newest Brand Ambassador! Here’s Why This Unexpected Partnership Will Blow Your Mind!”

CELEBRITY2 days ago

Blake Lively and Taylor Swift Has Vowed ‘Never To Let’ Justin Baldoni Drama ‘Destroy’ Their Friendship. We’re Bonded For Life

CELEBRITY2 days ago

Breaking: “Shocking and Heartbreaking: Taylor Swift in Hospital Fighting for Her Life – Fans Everywhere, We Need Your Prayers!”

NFL3 days ago

Just in: EXPLOSIVE SHOWDOWN : Super Bowl champ Travis Kelce has come out swinging, firing back at NFL legend Peyton Manning after the Hall of Famer offered some unsolicited retirement advice.😱🔥

Copyright © 2024 Newsxus