Tesla To xAI, Elon Musk's Tech Empire That Makes Him A Trillion-Dollar CEO

Tesla To xAI: Elon Musk's Expansive Tech Empire

Elon Musk has secured the largest corporate pay package ever—a $1 trillion deal from Tesla. This milestone elevates him to the status of the first "trillion-dollar CEO," with a personal net worth estimated at around $500 billion as of October 2025, according to Forbes.

Overview of Musk's Businesses

Musk's ventures extend well beyond Tesla, covering a diverse range of industries including space exploration, artificial intelligence, neurotechnology, and social media. Below is a summary of his major companies, their establishment, specialties, and current market values.

Tesla

Founded in 2003 by American entrepreneurs Martin Eberhard and Marc Tarpenning, Tesla produces electric cars, solar panels, and batteries for vehicle and home power storage. Its headquarters is in Austin, Texas.

Elon Musk joined Tesla in February 2004 by leading its Series A funding round with a $6.5 million investment. He became chairman of the board and later, in 2008, took on the roles of CEO and product architect.

As of October 2025, Tesla's market capitalization is approximately $1.5 trillion.

SpaceX

Founded by Musk in 2002 and based in Hawthorne, California, SpaceX designs and manufactures rockets, spacecraft, and satellites, including the Starlink satellite network.

SpaceX is the first private company to send a spacecraft into space and safely return it to Earth.

Summary

Elon Musk leads a vast technological empire with groundbreaking achievements and record-breaking financial milestones.

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NDTV NDTV — 2025-11-07

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