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2. How Much Does Elon Musk Make a Second

# How Much Money Does Elon Musk Make a Second in 2023

Learn how much the new owner of Twitter makes per second!
Written by

Jane Tumar

Written by
Jane Tumar
Finance Writer

Storyteller by day, data enthusiast when I have free time, meticulous researcher—always. I’ve been working as a content writer for the past 3 years. With my degree in Computer Science and Literature, I am a breathing and walking juxtaposition. I love metaphors, SQL, and round brackets (duh!).

Reviewed by

Derek Sall

Verified by an expert
Reviewed by
Derek Sall
Founder/Personal Finance Expert

Derek has a Bachelor's degree in Finance and a Master's in Business. As a finance manager in the corporate world, he regularly identified and solved problems at the C-suite level. Today, Derek isn't interested in helping big companies. Instead, he's helping individuals win financially—one email, one article, one person at a time.

Fact-checking

Deepti Nickam

Fact-checking
Deepti Nickam
Finance Writer

Content writing and marketing professional with 5+ years of experience in the B2B and B2C sectors. Deepti has written about several subjects, including finance, project management, human resources, and more.

July, 04 2023
Edited:
Reviewed:
Fact-checking:

5 min
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Trying to grasp how much a billion dollars is⁠—let alone hundreds of billions⁠—is like trying to comprehend the number of stars in the universe.

Why Trust Us

The difference between a million and a billion dollars is—a billion dollars.

To illustrate this—one million seconds is only 11.6 days. One billion seconds is almost 32 years.

And 146 billion? That’ll be 4,630 years!

That’s the age difference between a newborn, their millennial parent, and the brave folk who built the first Egyptian pyramids.

It certainly didn’t take Elon Musk five thousand years to make \$146 billion.

Can you imagine how much money he has to be making per second?Let’s find out.

## How Much Does Elon Musk Make a Second

Elon Musk makes around \$456.05 a second when looking at his average estimated income since he’s become a billionaire back in 2011. Over the course of the last decade, he’s climbed from a net worth of 2.5 billion dollars to \$146.5 billion.

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## Elon Musk’s Earnings per Second: Our Calculations

Figuring out Elon Musk’s wealth isn’t as easy as it sounds. His private assets are just that—private—so nobody knows for sure how much cash he has. What we know is that the bulk of his fortune is in stocks (mostly Tesla’s).

There are a bunch of ways to estimate someone’s net worth—we trusted Forbesi and Bloombergi with their data.

### How much Elon Musk makes a second (the decade average)

Knowing that Elon Musk was worth \$2.6 billion in January 2013—and his current net worth’s \$146.5 billion—we can see that he made \$143.9 billion over the course of a decade.

It means he’s been making \$14.39 billion each year on average—\$39,403,066.81 a day, \$1,641,794.45 an hour, \$27,363.24 a minute—and \$456.05 per second.

### Elon Musk’s pandemic earnings per second

There’s a catch, though—Elon Musk made most of his fortune in the past three years alone—and increased his net worth by 1,000% during the pandemic.

If we only look at those years, his average annual income will be a staggering \$38,933,333,333.33. Divide this by 365 days, 24 hours, 60 minutes, and 60 seconds—and you get \$1,234.57 per second.

Seeing that Elon Musk has been losing money daily throughout 2022, we might soon need a third calculation method.

Do you dream of making your own millions? Start by learning how to manage your cash.

## FAQ

How much does Elon Musk make a day?

Elon Musk makes an average of around \$39.4 million a day. Over the last two years, he’s had good days (when he made \$36 billion), and bad days (when he lost over \$15 billion in a single day).

How much money does Elon Musk make a minute?

This one’s easy—when you know how much he makes a second (and have a calculator).

Every minute Elon Musk makes around \$27,363.24. This number skyrocketed to about \$74,074.07 per minute in the pandemic. (For the record, the average annual American salary is \$74,738.)

What does Elon Musk do?

Even though it seems like Elon Musk has been running (or ruining) Twitter 24/7 lately, he has other ventures to occupy his time with—like being the CEO of three companies:

• Tesla
• SpaceX

Tesla’s website says Elon Musk leads product design and engineering of all their electric vehicles and solar energy products.

He’s also the lead designer for SpaceX, where he supervises the production of spacecrafts and rockets.

It seems he’s a true jack-of-all-trades.

How much cash does Elon Musk have in the bank?

Elon Musk might be one of the richest people on Earth—but when it comes to cash, he ain’t got no stash.

There’s no way for us to know how much money he actually keeps in the bank. But Elon’s main assets are stocks—to the point that even his cash estimates are usually “liquid” (meaning the stock he can sell quickly for cash).

It’s possible Elon Musk has \$0 cash on any given day. He had to sell millions of Tesla shares to pay for Twitter—and even then he didn’t have enough cash.

How much did Elon Musk make in 2020? What about 2021?

SpaceX made history in 2020—it was the first private company to launch humans into space—and so did Elon Musk when his fortune skyrocketed like nobody else’s business.

He made around \$135 billion in 2020—and \$112 billion in 2021. For a brief moment (or Elon moment?), he was the richest person of all time—with a cosmic net worth of \$388 billion.

## Sources

See all

Bloomberg Billionaires Index—Elon Musk. (n.d.). Retrieved March 16, 2023, from https://www.bloomberg.com/billionaires/profiles/elon-r-musk/

Elon Musk. (n.d.-a). Retrieved March 16, 2023, from https://www.forbes.com/profile/elon-musk/

Elon Musk. (n.d.-b). Tesla. Retrieved March 16, 2023, from https://www.tesla.com/elon-musk

Elon Musk Loses \$15 Billion in a Day on TSLA Stock Slide After Bitcoin Warning—Bloomberg. (n.d.). Retrieved March 16, 2023, from https://www.bloomberg.com/news/articles/2021-02-22/elon-musk-loses-15-billion-in-a-day-after-bitcoin-warning

Elon Musk Net Worth: Tesla CEO’s Fortune Surges to \$288.6 Billion on Hertz Deal—Bloomberg. (n.d.). Retrieved March 16, 2023, from https://www.bloomberg.com/news/articles/2021-10-25/elon-musk-s-fortune-surges-to-281-billion-on-hertz-order

Worldwide Work Weeks. (n.d.). Retrieved March 16, 2023, from https://www.william-russell.com/international-health-insurance/worldwide-work-weeks/

## Editorial team

Meet the team

Finance Writer

Storyteller by day, data enthusiast when I have free time, meticulous researcher—always. I’ve been working as a content writer for the past 3 years. With my degree in Computer Science and Literature, I am a breathing and walking juxtaposition. I love metaphors, SQL, and round brackets (duh!).

Editor-in-Chief

Kacper is an editor, writer, and multilingual translator with expertise in producing tailored content for global online brands.

Founder/Personal Finance Expert

Derek has a Bachelor's degree in Finance and a Master's in Business. As a finance manager in the corporate world, he regularly identified and solved problems at the C-suite level. Today, Derek isn't interested in helping big companies. Instead, he's helping individuals win financially—one email, one article, one person at a time.

Finance Writer

Content writing and marketing professional with 5+ years of experience in the B2B and B2C sectors. Deepti has written about several subjects, including finance, project management, human resources, and more.

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