Elon Musk’s Net Worth 2025: How much has Elon Musk made from SpaceX?

As of 2025, Elon Musk is the richest person in the world with a net worth of over $300 billion. Here’s everything you should know about his wealth.

Elon Musk has built a massive fortune.

After selling PayPal in 2002, he began quickly rising up the Forbes billionaires list. He first made it in 2012 with a net worth of $2 billion, according to Forbes, and by 2020, he climbed to third place on the list, surpassing Mark Zuckerberg. Just a week later, Musk passed Bill Gates to become the second richest person, The Guardian reported.

By 2024, Bloomberg announced that Musk’s net worth had surpassed $400 billion, making him the richest person in the world and the first to ever reach that level of wealth.

However, his wealth has decreased since then. In March 2025, Musk’s net worth dropped by over $120 billion after Tesla’s stock value declined. This drop followed his connections to President Donald Trump’s tariffs and his involvement in social services through his self-defined Department of Government Efficiency (DOGE).

So, what is Elon Musk’s net worth? Here’s what you need to know about his wealth and how he got it.

What is Elon Musk’s net worth?

Musk’s net worth is around $330 billion, according to Forbes in March 2025. This is a significant drop from the $486.4 billion he reached in December 2024.

Fortune reported that this large amount of wealth came from SpaceX, a space company Musk founded in 2002. At that time, the company was valued at $350 billion, with investors believing in Musk’s ties to Trump.

But Musk doesn’t get all of his wealth from SpaceX. Only 26.6% of his wealth comes from SpaceX, according to Forbes. The majority, 58.3%, comes from Tesla. His third largest asset is X.AI, an artificial intelligence startup, which makes up just over 8% of his wealth.

How much has Elon Musk made from Tesla?

Tesla is Musk’s biggest source of income. His share in the company was worth $195 billion in 2024, according to Forbes. Tesla’s stock price went up after the 2024 election, which helped push Musk’s net worth over $400 billion.

After Donald Trump was elected, he named Musk as co-chair of the rebranded DOGE (formerly the United States Digital Service), with the goal of reducing federal government spending. However, some people believe that Musk’s political involvement has hurt Tesla. In 2025, Tesla’s stock dropped by more than 15%.

A consultant from the business advisory firm Chamber of Commerce stated that Musk’s role in politics had “significantly impacted” Tesla’s reputation.

“Instead of focusing on Tesla’s innovation and growth, he has become a polarizing figure, alienating key international markets where political sentiment plays a major role in consumer perception and decisions,” Abigail Wright told Newsweek.

Even though much of his wealth comes from Tesla, Musk doesn’t get a salary from the company. In 2018, shareholders approved a 10-year pay package based on the company’s performance, which would gradually increase his stock share as the company grew.

However, some people disagreed with this plan. A shareholder named Richard Tornetta filed a lawsuit against Musk and Tesla in the same year, claiming that Musk misled investors, according to NPR.

In December 2024, a judge in Delaware rejected the $50 billion compensation package for the second time and ordered that Tornetta be paid $345 million for legal fees. Tesla stated on X that they would appeal the decision.

Despite having a lot of wealth, Tesla hasn’t paid federal income taxes in several years, according to multiple reports. Tesla’s annual financial report showed that the company had $2.3 billion in U.S. income in 2024 but paid no income tax. This was mainly because of tax breaks for executive stock options and other “unspecified ‘U.S. tax credits.'”

How much has Elon Musk made from SpaceX?

Musk’s share in SpaceX, the company that builds reusable rockets, is worth $89 billion, according to Forbes.

In December 2024, during a private share sale, the company was valued at $350 billion. This huge increase in SpaceX’s worth added significantly to Musk’s net worth since he is both the CEO and owns about 42% of the company, according to Forbes.

How much has Elon Musk made from X?

X makes up just 2% of Musk’s wealth, or about $6.7 billion. Forbes estimates that the social media company, which Musk bought in 2022 and renamed less than a year later, has been a “money-losing investment” for him.

In addition to X, Musk’s wealth comes from other smaller assets. His artificial intelligence company, X.AI, makes up $27 billion of his fortune. His infrastructure startup, Boring Company, and his brain-implant company, Neuralink, bring him $5 billion each.

The remaining $6 billion of his wealth comes from cash and other investments, according to Forbes.

How much has Elon Musk donated to charity?

Musk has donated an estimated $406 million throughout his life, according to Forbes. This is less than 1% of his total net worth.

Some of his donations include $100 million for a STEM-focused school and university in Texas, $55 million for cancer research at St. Jude’s Children’s Research Hospital, and $10 million to the University of Texas for “population research.”

Many of his charitable donations are made through his foundation, which he started in 2001, according to The New York Times. The Musk Foundation supports renewable energy, human space exploration, pediatric research, science and engineering education, and “safe” artificial intelligence that will “benefit humanity.”

The New York Times reported that since 2020, Musk has funded the charity with billions of dollars in tax-deductible stock donations, but the foundation has not given away enough to qualify for these deductions.

In 2022, the Musk Foundation donated $160 million, which was over $200 million less than needed for the donations to be tax-deductible. The gap was even larger in 2023, according to The New York Times.

The newspaper also found that in 2021 and 2022, about half of the foundation’s donations went to organizations connected to Musk, his colleagues, or his businesses.

Musk has donated to both Democratic and Republican causes over the years, and more recently, he has spent millions supporting Trump.

What has Elon Musk said about his wealth?

Even though he is the richest person on earth, Musk has said he does not care about material things. In 2020, he wrote on X that he was selling “almost all physical possessions” and planned to “own no house.”

A year later, Musk said that he was living in a $50,000 home in Boca Chica, Texas, which he was renting from SpaceX, and that he only owned an “events house” in the San Francisco Bay Area.

When his huge wealth was criticized by Senator Bernie Sanders in 2021, Musk replied on X with a post that said: “I am accumulating resources to help make life multi-planetary & extend the light of consciousness to the stars.”