Elon Musk, the CEO of Tesla and SpaceX, is not just a visionary entrepreneur and innovator, but also a prominent figure in the world of finance and investment. His wealth, largely tied to the success of his ventures, has made him one of the richest people in the world. But aside from his own companies, Musk is known to have significant holdings in a variety of other stocks, ranging from startups to established tech giants.
In this article, we will explore the key stocks that Elon Musk owns, providing a detailed look at his investment portfolio. We will also touch on how these investments align with his personal interests, business strategy, and broader vision for the future. Whether you’re a fan of Musk’s work or a seasoned investor, understanding which stocks Musk owns can offer insights into his business mindset and priorities.
Tesla (TSLA)
As the CEO and largest shareholder of Tesla, Elon Musk’s primary stock holding is undoubtedly in his own electric vehicle company. Tesla has been at the forefront of the electric car revolution, and Musk’s stake in the company is both a financial and personal commitment. He holds a significant portion of Tesla’s outstanding shares, with his ownership fluctuating due to stock sales, stock splits, and compensation packages.
At various points in time, Musk’s ownership of Tesla has been reported to range from 17% to as high as 24%. Tesla’s rapid growth and success in the EV market have made it a key part of Musk’s wealth. Tesla is also involved in energy storage and solar technologies, which align with Musk’s broader mission to combat climate change and transition the world toward sustainable energy.
While Musk has occasionally sold portions of his Tesla shares, such as in 2021 when he sold billions of dollars’ worth of stock to fund his acquisition of Twitter (now X), Tesla remains a cornerstone of his investment portfolio.
SpaceX
Though SpaceX is a privately held company and not traded on the stock market, it is important to note that Elon Musk owns a significant portion of the company. SpaceX, which Musk founded in 2002 with the goal of reducing space transportation costs and making space exploration more accessible, has become a leader in the space industry.
Musk’s personal stake in SpaceX is estimated to be around 50%. This company is a key part of Musk’s portfolio because it embodies his long-term vision for humanity’s future, including Mars colonization. SpaceX has raised billions of dollars in funding and reached valuations in the tens of billions of dollars, making it one of the most valuable private companies in the world.
Despite SpaceX not being a publicly traded entity, its success and valuation contribute heavily to Musk’s overall wealth and financial position. For investors, SpaceX is an indicator of Musk’s commitment to pushing the boundaries of technological innovation.
Twitter (Now X)
In 2022, Elon Musk made headlines when he acquired Twitter (now rebranded as X) for $44 billion. Musk’s involvement with Twitter was part of his broader interest in social media and free speech, but the acquisition also resulted in Musk owning a significant amount of stock in the social media platform.
Although Twitter was a public company before Musk took it private, Musk’s ownership stake was essentially 100% after the acquisition. Since the purchase, Musk has implemented a range of changes to the platform, including alterations to content moderation policies, a subscription model, and attempts to diversify the revenue stream. While this investment has been controversial at times, it has certainly added another layer to Musk’s portfolio.
However, it’s worth noting that X is now a privately held company, and its financials are not as easily accessible to the public, making it a more opaque part of Musk’s stock ownership.
The Boring Company
The Boring Company, another of Musk’s ventures, is involved in the development of underground transportation systems designed to reduce traffic congestion. While it is not a publicly traded company, Musk does hold a significant stake in the business. The Boring Company, founded in 2016, aims to build tunnel systems that can facilitate high-speed transportation.
Although the company’s primary focus is on infrastructure and not a traditional stock-based investment, its potential for growth has been significant. It has attracted both private investment and attention from cities interested in developing hyperloop-style transportation networks. Musk has discussed plans to eventually go public with The Boring Company, but as of now, it remains privately held.
Neuralink
Neuralink, founded in 2016, is another one of Musk’s ventures that is not publicly traded. The company is working on developing brain-machine interface technology, aiming to treat neurological conditions and, eventually, enable direct communication between the brain and machines. Musk has spoken about his long-term vision for Neuralink, which includes addressing issues such as paralysis and enabling human-computer symbiosis.
Musk owns a significant portion of Neuralink, though exact figures are not publicly disclosed. Like SpaceX and The Boring Company, Neuralink represents Musk’s broader technological ambitions and his drive to solve complex problems through innovation.
OpenAI (Previously)
Elon Musk was one of the co-founders of OpenAI, the research organization dedicated to developing artificial general intelligence (AGI) in a safe and responsible way. However, Musk no longer has a financial stake in OpenAI, as he stepped down from the board of directors in 2018, partly due to conflicts of interest with Tesla’s AI development.
While Musk’s direct financial interest in OpenAI no longer exists, his involvement in the company’s early stages helped shape the organization’s development. Musk remains an outspoken critic of artificial intelligence, frequently warning about the potential risks posed by AGI. His association with OpenAI, however, has contributed to his reputation as a leader in the AI space.
Other Stocks And Investments
In addition to his major ventures, Elon Musk has occasionally invested in various public companies and startups. For instance, Musk has shown an interest in tech stocks, particularly those that align with his broader vision of a sustainable future. He has invested in:
SolarCity – Musk’s cousin founded SolarCity, which Musk later helped to lead and eventually merged with Tesla. SolarCity’s stock is no longer traded, as it became part of Tesla.
Rivian (RIVN) – Musk has expressed interest in Rivian, an electric vehicle startup that went public in 2021. While Musk is not a significant shareholder, he has commented on Rivian’s prospects and the electric vehicle market in general.
Polestar (PSNY) – Polestar, another electric vehicle manufacturer, is another company that Musk has mentioned in relation to his own work with Tesla. However, Musk does not have a significant ownership stake in Polestar.
Bitcoin and Other Cryptocurrencies – Musk has invested in cryptocurrencies like Bitcoin, Ethereum, and Dogecoin, particularly Dogecoin, which he has supported publicly. Tesla also announced in 2021 that it had purchased Bitcoin as part of its treasury holdings.
Other Tech Startups – Musk’s investments in tech companies often align with his interests in AI, sustainable energy, and space exploration. He has supported several startups in these fields, including investments in companies like Thud (a media company) and various AI firms.
Conclusion
Elon Musk’s portfolio is a mix of personal ventures and investments in companies that align with his vision for the future. From electric vehicles to space exploration, brain-machine interfaces, and AI, Musk’s stock holdings reflect his ambition to shape the future of technology and human progress.
While his most well-known investments are in Tesla, SpaceX, and Twitter (X), Musk’s influence and financial stakes extend far beyond these companies. His strategic investments in technologies related to renewable energy, transportation, AI, and even cryptocurrencies suggest that Musk is positioning himself as a key player in some of the most transformative industries of the 21st century.
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