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I confirm my intention to proceed and enter this websiteElon Musk is one of the few people whose daily wealth swings can rival the GDP of a small country. From Tesla to SpaceX, his fortune isn’t measured by a paycheck but by how markets and valuations shift. That makes answering the question of “how much does Elon Musk make in a day” both fascinating and tricky.
As of September 2025, Musk’s net worth is estimated between $384 billion and $436 billion, depending on which source you check. Both Forbes and Bloomberg track billionaire wealth, but they update differently and use slightly different valuation methods.
The discrepancy comes from timing and methodology. Forbes updates continuously throughout the day, while Bloomberg recalculates once daily after New York markets close. Each outlet also values private companies like SpaceX differently, which can swing the numbers.
On September 10, 2025, Oracle’s stock surged after reporting unexpectedly strong results, especially due to its AI/cloud business. Because Larry Ellison owns about 41% of Oracle, the jump in its share price pushed his net worth up sharply. Bloomberg estimated it to have reached $393 billion, which for a short period exceeded Elon Musk’s (~$384 billion) according to its Billionaires Index.
By the end of the trading day, Oracle’s stock had settled somewhat, dropping off some gains, so Musk reclaimed the top spot.
Think of it three ways:
Musk technically takes no salary from Tesla, relying instead on performance-based stock awards. This means his “income” is really the daily change in his net worth.
In 2025, Bloomberg’s data suggests Musk has lost an average of about $191 million per day year-to-date. On quieter sessions, Forbes shows his wealth shifting by hundreds of millions either way. On extreme days, the numbers get eye-watering: in 2021, his fortune surged by $36 billion in a single day when Tesla stock skyrocketed. Similar multi-billion swings have already been seen in 2025.
Multiple reputable outlets report SpaceX secondary offerings and insider sales valuing the company around $400 billion in mid-2025. Reuters also reported Musk’s guidance that SpaceX revenue would be about $15.5 billion in 2025. Higher private valuations can lift his net worth even if public markets wobble.
The Delaware court rescinded Musk’s 2018 Tesla package in January 2024, but Tesla shareholders later re-ratified that award and approved reincorporation to Texas in June 2024. Musk is appealing the Delaware decision.
In early September 2025, several outlets reported a new proposed Tesla package with very ambitious 10-year targets that could be worth up to $1 trillion if fully achieved and approved. Any court ruling or shareholder vote here can change his long-term exposure and therefore future daily swings.
If Tesla execution improves and AI or autonomy milestones land, plus SpaceX completes a high-priced secondary and Starlink keeps scaling, daily moves could skew positive by hundreds of millions on many days, with periodic multi-billion spikes around catalysts. SpaceX near $400B and revenue around $15.5B supports this upside narrative.
Expect choppy markets and alternating leadership between mega-cap tech names. Under this scenario, Musk’s daily changes likely continue to average tens to hundreds of millions either way, with occasional larger bursts tied to earnings, deliveries, Starship milestones, or funding rounds.
If Tesla stumbles on margins or growth, if the court appeal goes against the 2018 award, or if a new package fails to pass, the average could lean negative again, similar to the −$48.2B YTD pattern Bloomberg tracked into September.
Asking “how much does Elon Musk make in a day” is really asking how much his net worth moves in a day. On most days that is hundreds of millions in either direction. On the biggest news days it can be tens of billions.
Where it lands next will largely depend on Tesla’s stock, SpaceX’s private valuation, and the outcome of Musk’s evolving compensation plans.
However, as we’ve seen from the brief surge in Oracle’s stock price, which pushed Larry Ellison above Musk for a short time, Oracle is one stock to watch.
Disclaimer: This content is provided for informational purposes only and does not constitute, and should not be construed as, financial, investment, or other professional advice. No statement or opinion contained here in should be considered a recommendation by Ultima Markets or the author regarding any specific investment product, strategy, or transaction. Readers are advised not to rely solely on this material when making investment decisions and should seek independent advice where appropriate.