What does Elon Musk do with all his money?

What does Elon Musk do with all his money? Tesla boss Elon Musk has been one of the world's richest people for several years now, and that wealth recently went stratospheric when he became the first half-trillionaire. Despite this, Musk has insisted he leads a largely unglamorous lifestyle. He said in 2021 that he lived in a Texas home valued at $50,000 (£38,000). His former partner Grimes, with whom he has two children, told Vanity Fair in 2022 he does not live the extravagant life of excess luxury many assume.