Elon Musk's slice of SpaceX is now worth $43 billion more than his Tesla stake
Briefly

Elon Musk's net worth has been significantly affected by the declining value of Tesla's stock, creating a stark contrast between his holdings in Tesla and SpaceX. His stake in SpaceX is currently worth $136 billion, while his Tesla shares are valued at $92.6 billion, resulting in a $43 billion difference. Tesla's stock has fallen over 50% since mid-December, and Musk's overall fortune diminished by $130 billion this year, highlighting the volatility of the electric vehicle market and investor concerns regarding Tesla's sales and Musk's political activities.
The current valuation landscape reveals that Elon Musk's stakes in SpaceX and Tesla are drastically different, with a $43 billion disparity largely driven by declining Tesla stock.
Despite a significant drop in net worth due to Tesla's stock performance, Musk maintains a major wealth presence with a $136 billion stake in SpaceX.
Read at Business Insider
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