How rich is Musk?

Get Elon Musk’s money out of politics—for good.

Photo credit: Library of Congress, American Press Association, Copyright Claimant. Theodore Roosevelt. , ca. 1910. October 25. Photograph.

Unfathomable wealth

Elon Musk’s net worth rose from $27 billion in early 2020 to over $400 billion by December 2024—a 1,381%  increase while median American household wealth grew by only 23% between 2019 and 2022.

He is the first person to reach this threshold in history. Check out this visualization of his extreme wealth.

Musk’s net worth

Based on May 2, 2025 Bloomberg data.

Where his wealth comes from

As of May 2 2025, Musk’s 42% ownership of SpaceX accounts for 44.3% of his wealth. His 12% stake in Tesla contributes another 30.8%. Government contracts boost SpaceX’s valuation, while public subsidies enhance Tesla’s profitability.

Public and private support. Government contracts and everyday Americans’ investments support his companies. Combined, this capital provides Musk unprecedented resources to influence politics through lobbying, donations, and media acquisitions.

Regulatory smack-down

Divestment is one of the levers we can use to force Musk to loosen his grip on government. Musk needs a citizen smack-down.

Our government shouldn’t be Musk’s next corporate acquisition.

DIVEST FROM TESLA