Elon Musk, who is worth an estimated $19 billion, is widely considered as one of the world's most successful businesspeople. 

He started SpaceX, invested in Tesla and became its CEO, bought Twitter and became its CEO, started The Boring Company and Neuralink, and co-founded OpenAI.

Musk is more well-known than anyone else in history due to his enormous riches and the fact that he recently bought Twitter, one of the most popular social media sites in the world.

Musk is divisive because some people think he is brilliant and revolutionary, while others think he is greedy and exploitative. Musk is also unafraid to voice his unpopular political views, which has earned him plenty of detractors.

Musk's Estimated Wealth is Up for Debate

Forbes' real-time list of the world's billionaires places Musk at number two, with a net worth of $181.1 billion, thanks mostly to his ownership in Tesla and SpaceX. Meanwhile, his net worth is estimated at $165 billion by Bloomberg's Billionaires Index.

Elon Musk's stockpile of Tesla shares is his most valued possession and most valuable asset. As of 2021, Musk has amassed a respectable 23% ownership in the business. Since then, however, he has drastically cut his stake in the corporation and, as of a regulatory report made in February 2023, owns only around 13% of the business.

As part of the 2018 compensation package he negotiated with Tesla, Musk received 304 million options to purchase shares of Tesla stock. His financial stake in Tesla could grow as a result of the stock options he was given, which allow him to buy shares at a certain price.

Musk's choice to forego a salary as CEO of Tesla has made him famous. Instead of a fixed salary, he has opted to be paid in Tesla stock, which will rise in value in proportion to the company's earnings. As of Tuesday, Tesla had a market cap of about $566 billion, making Musk's share in the firm worth about $73.66 billion.

Musk's reported 42% stake in SpaceX makes it his second most valuable asset. It is estimated that Musk's stake in SpaceX is worth over $57.5 billion based on the company's valuation of $137 billion from a funding round in January 2023.

Elon Musk's leveraged buyout of Twitter in October 2022 was a major event, costing a whopping $44 billion. Because of this, he is currently said to own about 74% of the popular social media site.

Still, it's important to remember that Musk paid more than the going rate for Twitter, which raised some eyebrows and problems. As early as 2022, there were rumours that Musk wanted out of the arrangement because he felt the price was too high. This suggests that he was concerned about the purchase price.

Elon Musk's 74% stake in Twitter is worth about $10.5 billion, according to an estimate by Bloomberg. This estimation suggests that the overall value of Twitter is currently around $14.19 billion. Bloomberg derived this valuation from information provided by investor Fidelity Blue Chip Growth Fund in a regulatory filing.

Musk owns a hefty 90% stake in The Boring Company in addition to his stake in Twitter. After a successful funding round in April 2022, the company's valuation increased to $5.7 billion. As a result, Musk's original investment in The Boring Company would have been worth about $5.13 billion.

According to Bloomberg's research, Musk is also responsible for other obligations worth about $3.23 billion. Musk and his businesses are probably responsible for these debts and other financial responsibilities. 

Musk’s Crypt0 Possession

While Elon Musk has not revealed how much cryptocurrency he personally owns, he has spoken out in favour of cryptocurrencies in general and Dogecoin in particular.

In 2022, during an interview on the Full Send Podcast, Elon Musk said that Dogecoin was the cryptocurrency he was most enthusiastic about. He was amused by Dogecoin's comic tone and the fact that it was linked to memes and canines.

Elon Musk said he has invested in Dogecoin, Bitcoin, and Ether in the same podcast discussion. His firm, Tesla, had also previously made substantial Bitcoin bets. Tesla invested $1.5 billion in Bitcoin (BTC), the largest cryptocurrency by market capitalization, in February 2021.

On the other hand, Tesla reported in a document dated December 31, 2022 that the value of its Bitcoin assets had decreased to roughly $191 million, a fall of nearly 90% from the previous year.

Musk said that Tesla's lack of enthusiasm for Bitcoin was due to worries about the energy consumption of the Bitcoin network and its effects on the environment. Once it is confirmed that at least half of the mining activity is fueled by clean energy and a favourable trend is detected, he said Tesla will consider accepting Bitcoin transactions. Musk made this claim in a tweet in June of 2021.

The Verdict 

It is difficult to ascertain how much Bitcoin Elon Musk actually owns, and the precise size of his assets is unknown. While Musk may not personally possess any Bitcoins, he is estimated to indirectly own over $25 million worth of Bitcoin based on his 13% share in Tesla and the company's declared Bitcoin holdings of around $191 million. This is equivalent to slightly more than 1,500 Bitcoins at the closing price of $16,500 on December 31.

These projections are derived from research and calculations based on data that has been made public; nonetheless, it is crucial to note that the actual numbers may vary.

Elon Musk is unquestionably one of the world's wealthiest people. Musk has the potential to become the first person in history to have a net worth of $1 trillion if he continues to manage successful businesses like Tesla and SpaceX towards their space colonisation mission and maybe contribute to the advancement of Twitter. However, it is exceedingly speculative to anticipate future wealth accurately.

Crypto Projects Linked to Musk 

The popularity of meme coins like Dogecoin can be attributed in large part to Elon Musk's endorsement of the currency. As a result, many others have been motivated to create their own Musk-inspired ventures, such as the Floki Inu meme coin, which is named after Musk's Shiba Inu.

AiDoge.com is another successful startup that has emerged recently. Over $8.6 million has been invested in this platform since its recent introduction; it employs artificial intelligence technology to generate memes. Memes are generated by AiDoge using complex AI algorithms and large datasets based on brief user descriptions. Users with $AI tokens can pay minimal fees on the site. Users can vote up or down on memes posted by other users, with the top photos being rewarded in $AI.

Musk's backing of meme currencies has spurred the creation of new, cutting-edge platforms that combine the best of artificial intelligence (AI) and cryptocurrency, as evidenced by these initiatives.