What Is Elon Musk's Net Worth After the Cybertruck Reports?

Elon Musk is worth about $849.7 billion, according to Forbes' real-time billionaires data, which ranks him as the world's richest person. The figure follows a run of reports about Tesla's Cybertruck and Musk's plans for SpaceX.

What did the reports say about Tesla's Cybertruck?

Billionaires.Africa reported that Musk regained $45.2 billion as Tesla axes the Cybertruck. The Economic Times also covered the vehicle, running the headline "Tesla Cybertruck hits a dead end: Elon Musk's futuristic EV launched 4 years after unveiling, sold only 10." Neither outlet's headline gives a reason for the move.

What did Musk say about SpaceX buying a telco?

Musk said SpaceX could buy a legacy telecommunications company and use its spectrum 10 times better, Yahoo Finance reported. The headline did not name a target company or say whether any deal is being pursued.

Did Elon Musk's net worth change today?

Forbes' live figure shows Musk's net worth flat for the day, so the $45.2 billion gain Billionaires.Africa reported does not appear in the latest daily change.

Where does Elon Musk's fortune come from?

Almost all of Musk's wealth comes from his stakes in two companies:

• Tesla, the electric-vehicle maker that makes the Cybertruck
• SpaceX, the rocket and satellite company he says could expand into telecom spectrum

Both companies are in the technology industry. Musk is based in the United States. Other fortunes are tracked on the billionaires list.