Apr 4, 2025
Elon Musk Stays Quiet On Tariffs As Tesla Nosedive Continues
The billionaire Trump advisor has nothing to say as the president’s signature economic policy wreaks havoc. His own fortune is down billions so far.
PROFILE
Elon Musk
CEO, Tesla
$362.5B
Real Time Net Worth
as of 4/5/25
#1 in the world todayReflects change since 5 pm ET of prior trading day.
Photo by Martin Schoeller for Forbes
From the Editor
- Elon Musk cofounded seven companies, including electric car maker Tesla, rocket producer SpaceX and artificial intelligence startup xAI.
- He owns about 12% of Tesla excluding options, but has pledged more than half his shares as collateral for personal loans of up to $3.5 billion.
- In early 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 $350 billion based on a private share sale during December 2024. Musk owns an estimated 42% stake.
- Musk bought Twitter in a $44 billion (enterprise value) deal during 2022. Forbes estimates that the social media company, which he renamed X, is worth nearly 70% less as of August 2024.
- Musk owns an estimated 54% of xAI, which he founded in 2023. Private investors valued the company at a reported $50 billion in November 2024.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Forbes Lists
Personal Stats
- Age
- 53
- Source of Wealth
- Tesla, SpaceX, Self Made
- Residence
- Austin, Texas
- Citizenship
- United States
- Marital Status
- Divorced
- Children
- 11
- Education
- Bachelor of Arts/Science, University of Pennsylvania
Did you know
In Their Own Words
I operate on the physics approach to analysis. You boil things down to the first principles or fundamental truths in a particular area and then you reason up from there.
Elon Musk
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