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International Business Times UK

Mathew Erpansizo

The Real Reason Elon Musk Trillion Dollar Net Worth Remains Highly Important to Tesla Shareholders

Elon Musk Tesla Inc. SpaceX Amazon Mergers Meta

Elon Musk’s stakes in Tesla and SpaceX link his personal fortune with share prices, while performance targets determine potential future stock awards (Credit: By Trevor Cokley/Wikimedia Commons)

Elon Musk has seen his personal fortune undergo unprecedented volatility following the historic public listing of his rocket venture, with Forbes estimating his net worth at £756 billion ($983 billion) on 21 October 2026.

The eye-watering valuation underscores how directly the industrialist's personal wealth remains tethered to public sentiment among shareholders of Tesla and Space Exploration Technologies, known colloquially as SpaceX.

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The Times of India

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What you need to know about the most consequential election in Israel’s history

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Alaska Democrat Mary Peltola and her family were hurt in a weekend car crash; an eight-stop Senate campaign tour is delayed days before the November 3 election

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The Times of India

One subscription that gives you access to news from hundreds of sites

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Murder suspect in India accused of using AI to fake his own death

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What you need to know about the most consequential election in Israel’s history

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The Conversation

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