Elon Musk, the revolutionary man is the second richest man in the world. Despite having any physical possessions, still he is at the top list. In the past he had huge losses, the share prices of his electric vehicle company were low by 8%. He came down from the first position to the second as the wealthiest man in the world in a single day. But still, he is at the top when it comes to net worth in the world.
Elon Musk Net Worth 2024
Elon Musk is a revolutionary entrepreneur and investor, who has redefined innovation with his ideas and vision. He is the founder, and CEO of SpaceX; CEO of Tesla; owner of Twitter; founder of the Boring Company; and the co-founder of OpenAI. Musk was born on June 28, 1971, in Pretoria, South Africa, and moved to Cannada at the age of 18. Musk and his brother founded PayPal in their college days.
In 2004, he joined Tesla and started working as chief engineer in the development of electric vehicles. Different Tesla cars just revolutionized the automotive industry completely. Earlier to Tesla, in 2002, Musk started SpaceX with a vision of making the human species a multi-planetary species with low space travel costs using reusable rockets. Below, you can get complete information regarding Elon Musk Net Worth in 2024: Salary, Net Worth in INR (₹), Income Per Month, and Sources.
Key Highlights – Elon Musk Salary in INR (₹)
Article About | Elon Musk Net Worth 2024 in INR, Income per Month and Income Sources |
Entrepreneur | Elon Musk |
Date of Birth | 28 June 1971 |
Age | 52 |
Height | 5’11” |
Nationality | American, Canadian, South African |
Companies | Tesla, SpaceX, Twitter, The Boring Company |
Net Worth 2024 | ₹ 23400 Crore ($ 234 Billion) |
Salary (Monthly) | ₹20 Crore ($200 Million) |
Official Website | Click Here |
Post Category | Net Worth Details |
Elon Musk: Tesla and SpaceX
Apart from Tesla and SpaceX, Musk founded The Boring Company, an idea to reduce urban traffic using underground tunnels for vehicles. Musk also has a fascination with Mars, to make Mars a human-adaptable environment. In an interview Musk suggested that the temperature of Mars is very low to survive, so, he suggested nuclear explosion on Mars could be a possible way to increase the temperature of Mars.
Elon Musk Bought Twitter
Recently, Musk acquired Twitter, and social media platform in 2022. So much buzz started to spread on the internet when he started laying off employees of Twitter (to date he fired almost 80% of the staff). He also started a nominal charge for the verified account (blue tick account) because of that all the big celebrities, and politicians lost their blue tick account. Elon’s real problem started when Meta company launched Threads, Twitter’s competitor in the market.
There’s a litigation war going on between Elon Musk and Mark Zuckerberg. As per some sources, Mark Zuckerberg’s Threads might be a real threat to Elon Musk’s Twitter. Despite admiration or criticism, Musk’s determination and ambitious goals are increasing his wealth every day. His passion and innovative ideas made him one of the wealthiest men in the world
Source of Income for Elon Musk
Elon Musk is the founder and CEO of many companies, so, he has many income sources. Here are some key sources of his income:
- Tesla Inc: As the owner and CEO of Tesla, Musk takes a large amount of salary from Tesla. Also, he has the majority holding of the company, so his profit share is huge, which contributes a large portion of his wealth.
- SpaceX: Musk is the CEO as well as head designer of SpaceX. That is why he takes a large amount of salary as a CEO and he also has a holding in the company. Due to the success of missions of SpaceX in the last few years, his share value has gone high, which subsequently increased the income of Elon Musk.
- The Boring Company: Although the company is in its early stages of growth, but still in the coming years it has huge potential. And the company’s financial growth directly helps Musk’s income.
- OpenAI: Musk was one of the early investors of OpenAI. With a revolution of artificial intelligence, it has given a huge financial advantage to its investors, and Musk is one of those. However, Musk is no longer an investor in OpenAI due to some differences with the CEO of OpenAI.
- Investments and Ventures: Apart from his own companies, Musk invest in so many promising companies that have a vision and innovative ideas. His ability to invest in new technology and innovation leads to an increase in his income.
Elon Musk Net Worth in rupees 2024
As we all know, Elon Musk is the second wealthiest man in the world. His companies and their growth in the share market predominantly contribute to his net worth. According to Forbes, Elon Musk’s net worth is around $234 Billion which is around ₹23400 Crores in Indian rupees.
Elon Musk Income Per Month (Salary)
As the CEO of so many companies like Tesla, SpaceX, Twitter and, Musk takes a large amount of salary as a CEO of these companies. The amount salary of every company may vary. According to Forbes, Elon Musk’s monthly salary or income is around $200 Million which is around ₹20 Crore in Indian rupees.
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