How Much Money Elon Musk Makes Every Minute

Elon Musk is one of the richest people in the world, and he briefly surpassed Jeff Bezos to become the richest person ever. He has a net worth of about $177.2 billion, and he earns approximately $266,666 every minute despite never taking a paycheck from Tesla. Musk is paid via a lucrative compensation package that awards him stock options if Tesla meets certain performance goals. Musk received $50 billion in stock options when Tesla’s market cap reached $650 billion, which wasn’t expected to happen until 2028. Few people expected Tesla to become so valuable so quickly, and today the EV maker has a market cap of about $764.25 billion. Today, Musk owns about 241 million shares of Tesla which is approximately 25% of the company. The company's recent success has made Musk incredibly rich and the trend shows no sign of slowing down. At the beginning of 2020, Musk was worth a mere $27 billion, but by the end of 2020 his net worth stood at about $167 billion. That means his net worth increased by an average of $383,561,643 per day in 2020 or about $15,981,735 per hour. Musk makes nearly 5.5 times more money in a single minute than the average American makes in an entire year. Musk’s net worth is tied to Tesla’s share price. The higher the stock price climbs, the richer Musk becomes. Musk also owns 48% of SpaceX, and his stake in the company is worth about $46 billion. Here’s a close look at how quickly Elon Musk makes money.

CHAPTERS:
00:00 Intro
00:38 Elon Musk
02:19 How Musk Makes Money
04:09 Successful Businesses
04:54 How Quickly Musk Makes Money

[mohit]

Elon musk: tweets anything.

Stock market: And I took that personally.

[hylo]

Elon buying a house

House seller: That would be 500k$ sir

Elon: give me 5 minutes

[George-rkii]

I need 10 seconds of his income to achieve some of my dreams

[MagnumMotivation]

“I’ll never ever give up” - Elon Musk

Cheers,
Motivation team

[Jason-dnri]

I invested in both stock and crypto currency but I see crypto is doing more better and profitable to invest in..💯

[comelytravel]

I pray who ever sees this be successful in life 💖❤️

[shelleyl]

5:01 is when the video ACTUALLY answers the question its supposed to be about. and 5:37 is the 'second part' of the answer

[hmatandashorts]

Good content. Lots of love from Uganda 🇺🇬, East Africa.

[michaelmiddleton]

Imagine being that rich. I wouldn't even know where to begin

[Boop__Doop]

Me :Hey Elon can i get a minute of your time
Elon :sure
Me :ok that will be 266 666$

[AnonymousMC]

"Tesla was on *The verge* of bankruptcy"
Me, noticing that the clip at that moment is from The Verge: 😲😲😲

[harrisonscheidt]

Second: $12, 544
Minute: $752, 670
Hour: $81.25 million
Day: $36.2 Billion

[Cinder-bqms]

Hi I hope everyone is having a good day

[Schematics]

Imagine what I can do with that much money 💴

[envioustuber]

if Elon musk wanted to buy something for a million dollars, all he would do would just say '' give me 5 minutes, let my money come in real quick.''

[grannyrobbie]

Dear Mr. Musk, how does it feel to have that much money? What does it do for your soul? Could you help me?

[smaster]

Advice from Elon is 'Work Like Hell' and yeah, about yearly salary, it kind of depends on the company you are working for.

[joshholt]

I need one day of Elon Musks income to achieve everything I ever wanted 😂

[adam]

To work for Elon Musk is my biggest dream

[walker]

Me:Hey Elon can I have the amount of money you make in 10 minutes
Elon:uh no