With stock and options, he owns roughly 21% of Tesla, but he has pledged more than half of his shares as security for up to $3.5 billion in personal loans.
After a $750 million tender offer in June 2023, SpaceX, which was founded in 2002, has nearly quadrupled its value in just four years, making it worth nearly $150 billion.
With a $5.7 billion valuation, the Boring Company, which seeks to combat traffic, raised $675 million in April 2022.