Net Worth Profile
Elon Reeve Musk Net Worth
Elon Musk is a South African-born American business leader who runs Tesla and founded SpaceX. His work also spans satellite internet, artificial intelligence, brain implants and tunnel transport.
Estimated range: $908B – $924.2B
As of September 30, 2026 · USD
Elon Musk net worth climbed past $1 trillion after SpaceX joined the stock market in June 2026. It later fell below that mark. As of September 30, 2026, his net worth was estimated at $924.2 billion. Much of that wealth sits in shares, so the figure changes as SpaceX and Tesla stock prices move. Musk was born in Pretoria, South Africa. He studied in Canada before he moved to the United States and earned degrees from the University of Pennsylvania. His first businesses gave him the money to pursue far more costly ideas.
From internet maps to rockets
Musk and his brother Kimbal started Zip2, which supplied online city guides to newspapers. Compaq bought the company in 1999, and Musk received about $22 million. He put much of that money into X.com, an online bank that became part of PayPal. When eBay bought PayPal in 2002, Musk received about $180 million after tax.
Those sales made him wealthy. SpaceX and Tesla made his fortune much larger.
SpaceX became his biggest asset
Musk founded SpaceX in 2002. The company built rockets, won launch work and expanded into satellite internet through Starlink. Its purchase of xAI in February 2026 brought Musk’s AI business under the same company. X, the social platform he bought as Twitter in 2022, had joined xAI the year before.
SpaceX went public in June 2026. Musk’s stake was about 38% as of September 1. That large holding explains why a change in SpaceX’s share price can move his personal net worth by billions of dollars. His fortune reached a reported peak of $1.33 trillion in mid-June, then fell as shares lost value.
Tesla remains a major part of the picture
Musk joined Tesla as an investor and chairman in 2004. He became CEO in 2008 and helped turn the company from a small electric car maker into a business that also sells batteries and energy products.
He held nearly 11% of Tesla’s shares outright as of September 1, 2026. He has also received stock awards with conditions attached. Those awards can be valuable, but he cannot treat every share as money he can sell today. Tesla reported a large accounting figure for his 2025 compensation even though he realized no compensation from it that year.
Homes and other companies
Musk also leads Neuralink, which works on brain implants, and The Boring Company, which develops tunnels. Their exact contribution to his personal wealth is harder to measure than his public company shares. Companies linked to Musk own several homes near Austin, Texas. Reported purchase prices do not establish what those homes are worth today. SpaceX and Tesla remain the main assets behind his September 2026 net worth figure.
Net Worth History
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Methodology
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Frequently Asked Questions
What is Elon Reeve Musk Net Worth's net worth?
Elon Reeve Musk Net Worth has an estimated net worth of $924.2B based on the reviewed data attached to this profile.
How old is Elon Reeve Musk Net Worth?
Elon Reeve Musk Net Worth is 55 years old based on the date of birth stored for this profile.
Has Elon Reeve Musk Net Worth's estimated net worth changed?
Across the historical records shown on this page, the estimate has increased by about 268.2%.
How does Elon Reeve Musk Net Worth make money?
Documented income categories on this profile include other documented income.
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