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Elon Musk's net worth has just majorly spiked. Crack open the story and see what is making the tech guru become one of the world's richest men.

What is Elon Musk’s net worth? Is he the richest man alive?

The ever-flowing river of celebrity tea has been a little strange over the past year. While the Kardashians still remain at large, some new & interesting faces have joined them in gossip rags across the board this year. Among the most unlikely of contemporary celebrity personalities is business & tech magnate Elon Musk.

Elon Musk’s relationship with musician Grimes seemed to put him in the same spotlight as celebrity couples like Kim Kardashian & Kanye West over the last year or so, but what is Elon Musk really famous for? Most people know Musk has something to do with the technological world, space travel, and of course, Tesla. However, the thing Elon Musk might be most famous for is simply his massive wealth.

The rumors surrounding Elon Musk’s huge net worth has helped him further climb the ladder of celebrity. But how rich is the magnate really, and what has driven Musk’s net worth through the roof? We did some digging so you don’t have to. Here’s what we’ve found.

Number 1

Elon Musk is ripping up headlines this week because the entrepreneur managed to up his position on the list of the world’s richest men. We seem to love keeping tabs on those who pull the strings and have the biggest bucks, and Elon Musk is no different. 

The Tesla product architect may have faced some unpleasant press when headlines detailed his split with Grimes earlier this month, but this week’s news regarding Musk’s net worth was surely less challenging for him. We can only imagine Elon patted himself on the back when news broke that he had become the richest man on the planet.

Bigger than Bezos

Daily Mail reported on Sunday that Elon Musk’s net worth has surpassed every other man on Earth and that the techie is now the world’s richest man. What about Jeff Bezos, you ask? 

What about the real life Lex Luthor who gained even more revenue during the beginning of the ongoing COVID-19 pandemic, seemingly keeping all his Amazon funds for himself during several continual worldwide crises? Reports say Bezos is booted from the world’s number 1 spot, and that Elon Musk hasn’t been modest about the switch up.

Just when you thought these rich boys couldn’t get any cringier, reports say Elon Musk took to Twitter to brag about his new spot as world’s number one cash cow. Musk replied to Jeff Bezos on the social media giant and sent him a silver medal emoji, referencing Bezos’s drop in position on the wealth scale.

While people think what they will of Musk’s perhaps petty dig on Twitter, many wonder what has happened to make Musk become number 1, and how much Elon Musk’s net worth really is.

Shelling out shares

Reports say the biggest catalyst for Elon Musk’s latest influx of wealth has to do with his SpaceX project. 

Shares at SpaceX rose by thirty-three percent recently, bringing founder Elon Musk a massive jump in cash flow. A share now sells for more than $100 billion. Musk’s position at the top is eye-opening as the tech magnate only joined the list of world’s top ten billionaires in the middle of last year.

So how much money does it take to knock Jeff Bezos off the throne? What is Elon Musk’s net worth?

Reports say Elon Musk’s net worth has now reached over $230 billion. The entrepreneur pledged to give away $150 million (pocket change) back in April in an ongoing contest meant to help improve carbon removal. We can only imagine what the PayPal co-founder has planned for the rest of his net worth, but only time will tell what the tech guru has up his sleeve.

What would you do with $230 billion? Sound off in the comments below!

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