As of October 2025, Elon Musk's net worth has reached unprecedented levels, with Forbes estimating it at $500 billion, making him the first individual to achieve this milestone. This remarkable growth is primarily attributed to his significant stakes in Tesla and SpaceX.
Tesla: Musk's approximately 13% stake in Tesla, along with vested stock options, is valued at around $115 billion.
SpaceX: In August 2025, a private tender offer valued SpaceX at $400 billion. Musk's 42% ownership translates to a stake worth approximately $168 billion.
xAI Holdings: Formed in March 2025 through the merger of his artificial intelligence company xAI with X (formerly Twitter), xAI Holdings was valued at $113 billion. Musk holds an estimated 53% stake, valued at about $60 billion.
Tesla's Performance-Based Compensation Plan: Tesla's board has proposed a new compensation package for Musk, potentially worth up to $1 trillion, contingent upon achieving ambitious goals such as an $8.5 trillion market valuation and significant advancements in autonomous driving and robotics. The shareholder vote on this package is scheduled for November 6, 2025.
Potential Departure from Tesla: Tesla Chair Robyn Denholm has cautioned that Musk might consider leaving the company if the proposed compensation plan is not approved, emphasizing his pivotal role in Tesla's success.
Political Involvement Impacting Tesla Sales: A report by Yale University economists indicates that Musk's political activities have led to a loss of approximately 1 to 1.26 million Tesla vehicle sales in the U.S. between October 2022 and April 2025, as his alignment with Republican politics has alienated some of Tesla's core customer base.
These developments underscore the dynamic nature of Musk's wealth and the various factors influencing it, including corporate decisions, market valuations, and his personal political engagements.
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