Elon Musk reveals the 5 big investments that fuel his more than $160 billion net worth

  • Date: 22-Jul-2021
  • Source: Business Insider
  • Sector:Economy
  • Country:Middle East
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Elon Musk reveals the 5 big investments that fuel his more than $160 billion net worth

Elon Musk's net worth of more than $160 billion makes the CEO the second richest person on Earth, just behind founder Jeff Bezos. At Musk revealed the 5 big investments that fuel his massive wealth. Unsurprisingly, his wealth, like most billionaires, is highly concentrated in a handful of names, and Musk is only invested in one public company. These are the 5 big investments driving Elon Musk's more than $160 billion net worth. Unknown. Musk has been a long-time proponent of dogecoin and often tweets jokes about the meme-inspired cryptocurrency. In May, Dogecoin peaked at about $0.75 in anticipation of Since its peak, Unknown. Unknown. "The bitcoin I own is worth much more than the ethereum or doge [that I own]," Musk said at Wednesday's conference. Musk added that both SpaceX and Tesla own bitcoin, and that he is open to Tesla accepting bitcoin as a form of payment again once bitcoin mining is more reliant on clean energy. , but could be lower if Musk's stake was diluted during the last funding round. $35 billion, based on SpaceX's and assuming Musks till owns 48% of the space exploration company. 22.4%, as of December 31. Musk can still receive billions