The total Net worth of Elon Musk is more than that of some countries. In fact, it is more than the GDP of nearly 100 of the world's poorest nations. SpaceX alone is worth over $100 billion, so that is a sizable chunk of Musk's fortune. Combined, his other companies, Tesla, and SpaceX are worth more than $266 billion. Regardless, it's hard to imagine the billionaire being in a poor country, even if he is very wealthy.
Tesla's market cap has tripled since Elon purchased it in 2012 and has a stake in SpaceX worth over $100 billion. This pushed Elon's net wealth up to around $300 billion a few years later. In October 2020, SpaceX had raised another $100 million in funding to make its private valuation of more than $44 billion. His 48% stake in SpaceX is now worth $22billion, giving him a pre-tax net worth of $335 billion.
Elon Musk has also spent some money on real estate, spending more than $100 million in residential real estate in California. However, much of his property has already been sold off. Despite his success in the business world, Musk is also a fan of cars. He once paid $920,000 for a Lotus Esprit submarine car. He has also owned a Ford Model T, a Jaguar E-Type Series 1 Roadster, and a McLaren F1. He even bought a Porsche 911 in 2013, but later totaled it.
The total Net worth of Elon Musk is more than $305 billion but his net worth alone according to Forbes is $236 billion in January 2022, but Elon Musk's net worth is $269 billion as reported by Research Snipers quoting Investopedia, this worth is more than the annual GDP of Finland, Chile, and Vietnam combined. He also co-founded PayPal and X.com, which eventually became PayPal. eBay acquired PayPal for $1.5 billion in 2002. This is an astonishing amount of money and it is not just one person that Elon is worth. A billionaire is truly a man of great proportions.
As an entrepreneur, Elon Musk has accumulated more than $100 million in real estate. He has sold most of his real estate to other entrepreneurs. He is known for his love of cars, and in 2013 he paid $920,000 for a Lotus Esprit submarine. In addition to the above-mentioned companies, he has also bought and owned other cars, such as the Ford Model T and McLaren F1.
Besides his many businesses, Elon has a few other properties. He owns a large portion of the shares of Tesla and a large amount of privately-held SpaceX. His market value surpassed $1 trillion on January 7, 2021, and his total net worth topped $300 billion on November 1, 2021. It is not hard to imagine that Elon would have spent more than $100 billion on SpaceX, his private company.
If you think that SpaceX and Tesla are Musk’s only companies, then you are wrong.
He also has a company named Neuralink that is going to work on a system that works as the brain-computer interface.According to the story published in the UK paper, Musk claims that they are working on an advanced project.
Neuralink is working on a chip that will be placed just directly on the surface of your brain.
Musk’s past statement hinted that the chips by Neuralink could help you in curing depression and addiction by the process of “retraining.” The chip has passed the animal testing stage, which seems to be quite interesting.
The human trial is going to start at the end of this year, but there are no official details out about further testing and procedure.The Advanced Chip Will Take Technology To Another LevelIt will prove handy and amazing when you can stream music directly to your brain.There must be some questions in your mind like, “Will the system rewrite your personality?” “Can you edit the content of your character?” These questions might go answered until the results of the human trial come out.
Neuralink said that using this device is like learning touch-and-play musical instruments like a piano.
Indicating a drastic change in the sales strategy, Tesla is moving all its sales online.
The primary reason that comes in the mind for this move is to bring a cheaper Model 3 to the market.
This move surely implies that some layoffs and closure of stores are on the way.
Stating that some stores would change into information stores, Elon Musk indicated that not all stores would shut down.
Having said that, no exact information has been captured as to the number of stores to go under the hammer of closing.
Speaking about the move Elon Musk was of the view that, ”We will be closing some stores and that will be some reduction in headcount as a result.
