The 7 most expensive things Elon Musk owns are mind-blowing
- The eccentric business mogul owns companies including Tesla, SpaceX and Neuralink
- He boasts a fleet of private jets and an enviable car collection to help him rule over his business empire
- And that’s just the start or how the man worth an estimated $251.3 billion spends it
Published on Dec 30, 2023 at 3:15 PM (UTC+4)
by Amelia Jean Hershman-Jones
Last updated on Jan 09, 2024 at 1:24 PM (UTC+4)
Edited by
Amelia Jean Hershman-Jones
Known as much for making headlines as well as making (and losing) billions – Elon Musk owns some of the most expensive assets in the world.
With a list of world-famous companies to his name (including Tesla, SpaceX and Neuralink), he also has an incredible car collection, and a fleet of private jets to get the CEO wherever in the world he needs to be.
We break down the eccentric businessman’s most enviable assets that he’s invested his $251.3 billion in.
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Private jets
Elon Musk doesn’t just own one private jet, he owns several – and considering he spent more than 48 days in the air in 2023 – it’s money well spent.
His first jet, which cost $26 million, has your usual reclining seats, dining room and bedroom, but he bought this before he became a billionaire.
When he reached billionaire territory, Musk forked out $124 million for two Gulfstream G550 private jets just to get one up on billionaire Mark Cuban.
But when the newer G650 model came out he had to cop that, too, splashing another $75 million in the process.
And, just like you and I might put down $1,000 for the newest iPhone model, this year Elon Musk dropped another $75 million when the latest G700 private jet was released.
Luxury real estate portfolio
When Elon Musk isn’t jetting around the world, he’s busy buying properties to add to his luxury real estate portfolio.
Musk shelled out $17 million for a 20,248-square-foot mansion in Bel Air, California.
That particular home had seven bedrooms, nine bathrooms, a gym, a spa, a tennis court, and even its own movie theater.
He liked the place so much, he decided to buy another six estates in Bel Air, as well as famed comedian Gene Wilder’s former home.
Or that’s what he did do, until he went on a selling spree in 2020 and was left with only a $50,000 home.
The tiny house in Texas is from startup Boxabl.
Boxabl’s debut product is the Casita, a $49,500, 375-square-foot, prefab home.
Car collection
Elon Musk spends the vast majority of his time coming up with futuristic technologies that can revolutionize transportation.
But, he still finds time to enjoy driving, and actually spends a chunk of his money buying interesting cars.
And he doesn’t restrict himself to the Tesla brand.
Over the years his garage has stored some classy beasts.
These include a 1920 Ford Model T ($25,000), a 1967 Series 1 Jaguar E-Type ($100,000), and a McLaren F1 that set him back $1 million.
Among his Tesla-brand cars, he owned a $100,000 Tesla Roadster which he strapped to a rocket he made and sent it into space.
Luxury accessories
With a wardrobe consisting mainly of black t-shirts and jeans, Elon Musk has a wardrobe that’s far from flashy.
However, he does tend to invest in certain statement pieces he knows will stand the test of time.
He owns a pair of one-of-one Air Jordan Tesla sneakers.
He first wore the Tesla-branded Jordan sneakers made of python skin at the company’s Model Y unveiling
His stunning watch collection also includes a $50,000 Audemars Piguet and Richard Mille costing $200,000 – timepieces that will only appreciate in value as they tick.
These days he tends to dial it down a notch, wearing an Omega.
With an average market value of $5,000, the Omega Aqua Terra he’s been spotted wearing is a lot cheaper than his old RM.
One-of-a-kind jewelry
As well as pieces of jewelry he’s had custom-made for his exes over the years, Musk owns a Tesla Diamond and Ruby Ring worth over $37,000.
Musk’s chosen designer, Ben Baller, was behind both the design and creation of what was actually an elaborate gift.
Elon Musk is actually the only celebrity who has ever received a gift from Ben.
It was considered a ‘thank you’ from Baller for Musk having created Tesla, providing 50,000 jobs in the US.
The ring is made from diamonds and rubies to form the word ‘Tesla’ in the brand’s iconic white and red colorway.
James Bond car
Like a real-life Bond villain, Elon Musk bought the actual Lotus Esprit Submarine from The Spy Who Loved Me.
The Lotus Esprit played the part of a submarine in the 1977 James Bond film.
The billionaire bought it at auction in 2013, setting him back a whopping $900,000 after a bidding war with another car enthusiast.
Bond was driving the modified Lotus Esprit in the movie that could change into a submarine – but it wasn’t actually functional.
The vehicle itself was put into a storage locker for years after filming and many believed it was lost for good.
And, never one to turn down a challenge be it in space, the human body or elsewhere, rumor has it Musk plans to turn it the car into a real working electric submarine.
The transformation into electric submarine will happen using leftover bits from Teslas.
It’s currently parked at Tesla’s Design Studio in Hawthorne, California.
High-value business portfolio
We can’t finish this list without mentioning the highly valuable companies co-founded by Elon Musk.
This, of course, includes electric car maker Tesla: he owns about 21%between stock and options, but has pledged more than half as collateral for personal loans of up to $3.5 billion.
Next is rocket producer SpaceX: founded in 2002, it’s worth nearly $150 billion after a $750 million tender offer in June 2023; it nearly quintupled its value in four years.
Tunneling startup, Boring Company, which aims to defeat traffic and. raised $675 million in April 2022 at a $5.7 billion valuation.
Last but not least, X, formerly known as Twitter’s board agreed to sell the company to Musk for $44 billion in April 2022.
He had disclosed a 9.1% stake and threatened a hostile takeover.
The deal closed in October 2022 after Musk tried to back out and Twitter sued.
Musk owns an estimated 74% of the company, which is now called X.
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London-based Amelia cut her journalistic teeth covering all things lifestyle, wellness and luxury in the UK capital. Fast-forward a decade and the experienced content creator and editor has put pen to paper for glossy magazines, busy newsrooms and coveted brands. When her OOO is on you can find her spending quality time with her young family, in the gym or exploring the city she loves.