Published: May 23, 2022
Elon Musk, the owner of Tesla, PayPal, SpaceX and now Twitter, is known for his ingenuity and innovations. As the world’s wealthiest man, his net worth expands into the billions. But, just how much is he worth, and how much does he make per day?
How Much Does Elon Musk Make A Day?
How well the Tesla stocks perform on Wall Street establishes how much Musk makes in a day. The company started to skyrocket from the Bull Market in 2020, and he is now making $432 million a day.
More Info On Elon Musk’s Net Worth
Do you want to know how much money Musk makes in a minute on any given day? Keep reading to find that and more!
How Much Does Elon Musk Make Per Minute?
(Source: Select Car Leasing)
According to publicly available earnings, Elon Musk makes $23,000 in a single minute. Musk makes the US average salary of $51,480 in about two minutes and 15 seconds. He makes the UK’s average salary of more than £14,000 in just a little over a minute.
How Much Does Elon Musk Make An Hour?
(Source: Select Car Leasing)
If you wonder about Elon Musk’s daily salary, you should know that he makes around 1.4 million in just a little over an hour. It takes him just over seven hours to make almost $10 million.
Elon Musk’s net worth is estimated at $207.3 billion.
(Source: Forbes / Forbes Arnault)
Undoubtedly, Musk is the world’s richest man. Elon Musk’s net worth put Jeff Bezos’s total net worth of $133.3 billion to shame. Even Bernard Arnault and his family of the LVMH empire (Moët Hennessy Louis Vuitton) just ranked second, with a net worth of $142.3 billion.
Musk’s Tesla is worth $1 trillion.
(Source: CNN Business)
One of the three companies Musk currently owns, Tesla, is the sixth company in US history to reach a worth of $1 trillion. The only company that grew to $1 trillion faster than Tesla was Facebook. It took Tesla 12 years since the initial public offering, while it took Facebook nine.
Musk just made a deal to buy Twitter.
Elon Musk’s daily income may soon be even bigger as he reached a deal to buy Twitter for $44 billion. Before offering to buy Twitter, he became Twitter’s biggest shareholder. He mentions free speech as “the bedrock of a functioning democracy in his idea behind buying Twitter.”
In October 2021, Musk made $36 billion in a single day.
(Source: Financial Post)
According to Bloomberg Billionaires Index, this is the biggest one-day gain in their history. Musk’s fortune surged after Hertz Global Holdings Inc. ordered 100,000 Teslas. Before this, Zhong Shanshan’s $32 billion surge was the biggest gain in a single day.
Musk added $121 billion to his fortune in 2021.
(Source: Austin American Statesman)
Musk increased his fortune by 78% in 2021. However, this wasn’t the most profitable year for him. Back in 2020, he added $140 billion to his net worth.
As he moved his headquarters to Texas, Musk stated that he expects to pay $11 billion in taxes for 2021.
With Elon Musk recently making headlines about his Twitter takeover, it’s only safe to say that he doesn’t plan on stopping any time soon. So, who knows? Maybe Elon Musk’s daily earnings will reach new highs soon!