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Climbing his way into first place of today’s billionaires , South African-born Elon Musk is making headlines for his political affiliations as much as his business decisions. Two of his most well-known are Musk’s purchase of Twitter (X) in 2022 and founding of artificial intelligence startup xAI in 2023. Since the November presidential election, the Tesla and SpaceX CEO has become even richer, by 77% , than he was last year. Selling shares of Space X garnered the surpassing of his own record-setting wealth amount now making him worth more than Costco . Wondering how much that is exactly? Here’s what we know about Elon Musk’s net worth. Who Is Elon Musk? Allison Robbert-Pool / Getty Images Elon Musk received bachelor’s degrees in physics and economics from the University of Pennsylvania in Philadelphia. In 1995, he moved to California to pursue a master’s degree in physics from Stanford University. He would leave, after only two days in the program, as he was certain that the...
Elon Musk, entrepreneur and CEO of companies like Tesla and SpaceX , is not only known for his innovations but also for his staggering wealth. In 2022, Musk made headlines when he invested a whopping $44 billion in X, formally known as Twitter. This move sparked discussions about the investment’s value and impact on the platform. Despite expressing buyer’s remorse and even joking about it on social media , Musk’s financial decisions continue to fascinate the public’s attention. How Much Money Does Elon Musk Make Per Second? Elon Musk earns approximately $656 per second, according to CoinCodex . This estimation is from Musk’s reported estimated net worth of $205.2 billion as of January 2024 and the span of over a decade during which he accumulated his wealth. Musk’s earnings per second are over $43,000 per minute, nearly equivalent to the annual full-time wage in the US of $53,490. Musk earns a year’s salary in just one minute, and it takes him only a week to reach a nine-figure...
From billionaire to billionaire, Patrice Motsepe has formed an opinion on Elon Musk. As South Africa’s first Black billionaire, Motsepe said that entrepreneurs can learn a thing or two from the Tesla CEO, which could most likely increase their net worth and the success of their business. According to Motsepe, Musk’s strong belief in himself is a good thing. “I’m not saying [entrepreneurs] must be cocky and arrogant . . . but I think [Musk] believed so much in what he was doing . . . he succeeded,” said Motsepe.
Victor Glover just became NASA’s first Black astronaut to live on the International Space Station, reports Spectrum News . On Nov. 15 at 7:27 pm EST, Glover soared into space, piloting The SpaceX Crew-1 mission. Because of Them We Can reports Glover will be knocking out several firsts with this flight becoming the first Black astronaut to fly for SpaceX, the first to move into the International Space Station for an extended stay, and the first Black person in space since Alvin Drew in 2007. “The opportunity to fly to space at all is just truly amazing, but then to be able to do it on a spacecraft that is made by this great company SpaceX, it’s an honor, it’s just icing on the cake,” said Glover. “I’m really excited to be able to fly on Crew Dragon.” Crew-1 is complete with Dragon Rider training. We’ve got our license to fly! Thank you to all that made this possible. We hope to make you proud! pic.twitter.com/HA2AYz77Bj — Victor Glover (@AstroVicGlover) September 26, 2020 Glover and...