Elon Musk’s Net Worth Tied to Tesla and SpaceX

Elon Musk has reiterated that his net worth is predominantly tied to his ownership stakes in Tesla and SpaceX, with less than 0.1% held in cash. Musk emphasized that Tesla and SpaceX employees benefit from stock and options, and noted that over 80% of Tesla is owned by retail investors and index or pension funds, meaning value increases largely benefit these groups.