If we talk about the world’s richest person today, Elon Musk’s name comes first. His name is in the news almost every day, sometimes for Tesla vehicles, sometimes for SpaceX’s new launches, sometimes for his tweets on the social media platform X (formerly known as Twitter).
By mid-2025, Elon Musk’s net worth is estimated to be between $370 billion and $480 billion. This figure makes him the wealthiest person in the world.
In this article, we will provide a detailed explanation of how Musk’s wealth is so vast, the businesses that drive his net worth, and the current status of his companies in 2025.
Table of Contents
Who is Elon Musk?
Elon Musk was born in 1971 in Pretoria, South Africa. He was interested in technology since childhood. At the age of 12, he created and sold a small computer game, Blastar.
He later moved to Canada and then to the United States. He studied Economics and Physics at the University of Pennsylvania. He started a PhD at Stanford University but dropped out after just two days to pursue a career in technology and business.
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Musk’s Beginnings: Zip2 and PayPal
Musk’s first major startup was Zip2, which was acquired by Compaq in 1999 for $307 million. He then launched an online payment company called X.com, which later became PayPal.
In 2002, eBay acquired PayPal for $1.5 billion, and Musk received approximately $160 million from it. This money became the foundation for his subsequent companies.
SpaceX: Dreams Higher Than the Sky
Musk launched SpaceX in 2002. Initially, several rocket launches failed, but he didn’t give up. Today, SpaceX’s valuation has reached approximately $350 billion.
Key Features of SpaceX:
- Reusable Rockets: Reusing once-used rockets.
- Starlink Internet: Providing internet access worldwide through thousands of satellites.
- NASA and Defence Contracts: SpaceX now holds many major US government projects.
SpaceX’s rapidly growing value is steadily increasing Musk’s net worth.
Tesla: The King of Electric Cars
The name Tesla evokes images of electric vehicles. Although Musk wasn’t the founder of Tesla, his leadership has made the company the world’s largest electric vehicle manufacturer.
Highlights of Tesla:
- Vehicles like the Model S, Model 3, Model X, and Model Y are popular worldwide.
- The launch of the Cybertruck has been in the news since 2023.
- Tesla not only manufactures cars, but also battery storage and solar systems.
Tesla’s growth in 2025 has slowed slightly due to increased competition and Musk’s political rhetoric, which has impacted the company’s sales. Despite this, Tesla’s value remains substantial and accounts for a significant portion of Musk’s wealth.
X (formerly Twitter): A New Face of Social Media
In 2022, Musk acquired Twitter for $44 billion and renamed it X.
His dream is for X to become not just a social media platform, but a comprehensive app, the “Everything App,” that combines messaging, payments, video, news, and AI.
But the reality is that X’s value has declined significantly, and today it’s only around $9-10 billion. Still, Musk considers it a significant part of his ambitions.
Neuralink, xAI, and The Boring Company
In addition to Tesla and SpaceX, Musk owns several other companies:
- Neuralink: Brain-chip technology that aims to connect humans and computers.
- The Boring Company: Builds underground tunnels to reduce traffic in cities.
- xAI: An AI company launched in 2023, which launched a chatbot named Grok.
Why Does Musk’s Net Worth Fluctuate in 2025?
A large portion of Musk’s wealth is tied to Tesla and SpaceX.
- When Tesla’s shares rise, Musk’s net worth increases immediately.
- When stocks fall or the value of companies like X declines, his net worth also decreases.
In early 2025, his wealth had fallen to around $330 billion, but new SpaceX contracts and Starlink’s rapid growth have brought it back up.
Musk’s Politics and Controversies
Elon Musk is a frequent topic of discussion not only in business but also in politics.
- He openly supported Donald Trump in the 2024 US elections.
- Later, they had a falling out, and this dispute made headlines.
- He has also spoken openly about British and German politics.
Political controversies have frequently impacted Tesla’s sales and the advertising business of its X model.
Personal Life
Musk’s personal life is also a topic of discussion.
- He has had 13 children to date.
- He says many times that the world needs population.
He often says that the world is facing a population crisis and that he is trying to address this problem by having more children. Musk’s name has also been in the news several times due to relationships and personal controversies.
Elon Musk’s Net Worth in 2025
According to major platforms like Bloomberg and Forbes, Elon Musk’s net worth is estimated to be between $370 billion and $480 billion by the end of 2025.
Major Contributing Businesses:
- Tesla: Electric cars and batteries
- SpaceX: Rockets, Starlink internet, and government contracts
- X (Twitter): Social media (although its value has fallen)
- Neuralink, The Boring Company, and xAI
Elon Musk is a man you can’t ignore. On one hand, he’s the wealthiest person in the world. On the other hand, his decisions and statements are often met with controversy. Tesla and SpaceX have made him an “icon” in the business world, while X and politics have further complicated his image.
His net worth in 2025 makes him the wealthiest man in the world, but the journey has never been easy. Musk’s story demonstrates that dreaming big and persisting can transform the world, regardless of the numerous ups and downs that come along the way.
My name is Farhad Dawar and I am graduate of the Institute of Media and Communication Studies Bahaddin Zakariya University Multan Pakistan. I’m passionate about journalism and media, and I believe in journalism of courage, uncovering the truth, and shaping the future.
- Farhad Dawarhttps://dawartimes.com/author/admin/
- Farhad Dawarhttps://dawartimes.com/author/admin/
- Farhad Dawarhttps://dawartimes.com/author/admin/
- Farhad Dawarhttps://dawartimes.com/author/admin/
