Elon Musk, the CEO of Tesla, is on course to reach a landmark financial achievement. Forecasts indicate that his net worth is expected to reach the trillion-dollar milestone by the year 2033. Based on Forbes’ Real-Time Billionaires tracker, Musk’s current net worth is approximately $500.1 billion. He previously broke records by becoming the first individual to achieve a net worth of $400 billion by December. Musk’s wealth is largely associated with his electric vehicle enterprise, Tesla, where he holds a 12.4% stake as of September 15. Tesla’s stock performance has been strong, with an increase of over 14 percent this year, contributing an additional $9.3 billion to his wealth. The company’s fortunes improved after Musk’s departure from his position as a ‘special government employee’ as head of the Department of Government Efficiency (DOGE) under the Trump administration, enabling him to dedicate more time to the company.
Tesla CEO Elon Musk Nears Trillion-Dollar Net Worth Target by 2033
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