If you are wondering what Elon Musk owns, then you’re not alone. Elon Musk has been publicly talking about his personal finances on Twitter. He has told his 78 million followers that they should own physical things when the price of inflation is high. And when asked about his ownership of Shiba Inu coins, he made a U-turn. Here’s a look at some of his most important investments.
Tesla: As of early 2022, Elon Musk owned 177 million shares. That’s just a small percentage of the company, and his stake will increase in the future as his compensation package increases. But Tesla is worth $200 billion, and Musk’s stake may grow significantly over time. Tesla’s stock options will give him the right to buy up to 8.44 million additional shares at a low price. And cryptocurrencies like Bitcoin are important to Musk.
Neuralink: Musk’s net worth is tied to his shares in Tesla. He co-founded the web software company Zip2 with his brother Kimbal, which was acquired by Compaq for $433 million. He also founded the online bank X.com, which was purchased by eBay for $2.1 billion in 2002. SpaceX has since signed deals with NASA and the European Space Agency. He is also building the Vegas Loop public transportation system at the Las Vegas Convention Center.
SpaceX: As the CEO of SpaceX, Musk oversees the development of rockets and spacecraft. He launched the Falcon 1 rocket, the first privately developed liquid-fuel rocket into orbit. In 2017, Musk launched the Falcon 9 rocket and Dragon spacecraft, proving that it is capable of reaching a low-earth orbit. Recently, Musk secretly founded a company called Neuralink, which is a spin-off of SpaceX. Neuralink aims to develop hyper-intelligent brain implants. Musk has described it as “a FitBit in the skull.”
While Elon Musk has several large holdings, his net worth is mostly tied to his investments in privately held companies. His two largest publicly traded stock investments are Tesla, Twitter, and Twitter. Most of his investments are in private companies, while his biggest holding is the electric car Tesla. Elon Musk did not create the electric car, but he led the Series A funding round for Tesla, and now owns a majority stake in the company.
While many people are enamored of Elon Musk, his controversial stances and highly publicized controversies have led to several lawsuits and countless public rants. In 2010, Musk sued a British caver for defamation after tweeting a video criticizing his decision to use Twitter. Later, he sued the Securities and Exchange Commission over false tweets and misleading the public. And he has received criticism for his other views as well.
In 2016, Elon Musk took a shot at fellow billionaire Bill Gates on Twitter. He claimed to have verbal approval from the US government and was planning to use the hyperloop to connect downtown Chicago and O’Hare airport. He also raised $675 million at a valuation of $5.7 billion. And his friends aren’t all based in Silicon Valley. Jack Dorsey co-founded Twitter and is an Elon Musk friend.
One thing is certain: the founder of Tesla has nearly 10% of Twitter’s stock. While Elon Musk has publicly argued that Twitter is a social media platform that undermines democracy, it’s not clear if he will let Mr. Trump get back on Twitter. However, there’s a risk that Twitter may suffer a regulatory investigation. Regardless of the legality of the takeover, the ownership of Twitter shares could allow Elon Musk to reinstate Trump on Twitter.
The Tesla CEO has recently become the largest shareholder in Twitter. His goal is to change the company’s free speech policy. He wants to make it easier for people to express their opinions without fear of retaliation. And while Twitter has been criticized for blocking free speech, he’s trying to shore up his debt financing by borrowing against his Tesla stock. But he may be getting his fingers burned by the public if he does this.