{"id":498689,"date":"2026-06-18T08:00:11","date_gmt":"2026-06-18T08:00:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/498689\/"},"modified":"2026-06-18T08:00:11","modified_gmt":"2026-06-18T08:00:11","slug":"elon-musk-is-the-worlds-first-trillionaire-heres-where-his-wealth-is-stored","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/498689\/","title":{"rendered":"Elon Musk Is the World’s First Trillionaire. Here’s Where His Wealth Is Stored."},"content":{"rendered":"\n

In the wake of the record-setting initial public offering of Space Exploration Technologies (NASDAQ: SPCX), widely known as SpaceX<\/a>, Elon Musk just officially became the world’s first trillionaire. Forbes, which tracks these things, puts his current net worth at $1.3 trillion. So, where does he store all that money?<\/p>\n

Little of it is in cash or cash equivalents such as money market funds, certificates of deposit, or short-term Treasury bills. Such liquid assets make up only about 0.1% of his wealth, Musk said recently. Still, that’s at least $1 billion, more than enough cash on hand for everyday expenses for anyone. Even for Musk, presumably.<\/p>\n

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The vast bulk of his enormous fortune is in the stocks of his two main companies, SpaceX and electric vehicle manufacturer Tesla (NASDAQ: TSLA).<\/p>\n

Musk reportedly owns at least 38% of SpaceX, including stock options. The company’s market cap is currently about $2.6 trillion, so that stake is worth about $1 trillion, give or take a few tens of billions.<\/p>\n

He owns about 10% of Tesla<\/a>, which is currently valued at about $1.5 trillion, so his stake is worth about $150 billion.<\/p>\n

Musk is also a founder of several other businesses, including tunnel driller The Boring Company and brain implant company Neuralink. Both are still privately held, so it’s unclear exactly what they’re worth, but The Wall Street Journal estimates $5 billion each.<\/p>\n

\"A Image source: Getty Images. <\/p>\n

Because most of Musk’s wealth is in publicly traded companies, his fortune fluctuates with their market capitalizations, as reflected by their share prices. As those investments go, so goes his fortune.<\/p>\n

Should you buy stock in Space Exploration Technologies right now? <\/p>\n

Before you buy stock in Space Exploration Technologies, consider this:<\/p>\n

The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a010 best stocks<\/a> for investors to buy now\u2026 and Space Exploration Technologies wasn\u2019t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.<\/p>\n

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you\u2019d have $424,531!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you\u2019d have $1,273,016!*<\/p>\n","protected":false},"excerpt":{"rendered":"In the wake of the record-setting initial public offering of Space Exploration Technologies (NASDAQ: SPCX), widely known as…\n","protected":false},"author":2,"featured_media":498690,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[350,85,809,46,25780,141,145,228185],"class_list":["post-498689","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-elon-musk","tag-il","tag-initial-public-offering","tag-israel","tag-money-market-funds","tag-science","tag-space","tag-space-exploration-technologies"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/498689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=498689"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/498689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/498690"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=498689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=498689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=498689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}