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Elon Musk’s Net Worth: How Much Money He Has in 2024

Here’s a look at the financial standing of Elon Musk, the founder of Tesla and SpaceX, and Trump’s pick to head the Department of Government Efficiency (DOGE).

Trump said the duo “will pave the way for my administration to dismantle government bureaucracy, cut excessive regulations, eliminate wasteful spending, and restructure federal agencies.” In addition to this role, Trump’s ongoing endorsement of Musk has helped elevate his business ventures. A significant portion of Musk’s net worth comes from his 12% stake in Tesla, which represents approximately 412 million shares.

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