The automaker is now making up a lesser amount of his wealth due to its recent slide and record financing rounds for his other businesses, such as xAI and SpaceX.
At the moment, Musk’s 42% ownership in SpaceX is valued at $136 billion, which is almost equal to the value of his shares at the end of business.
The Wall Street Journal said Monday that Musk’s lawyer, Marc Toberoff, was spearheading a group of investors in an unsolicited proposal.
To pay over $95 billion to acquire OpenAI, the firm that created ChatGPT. In a post on Musk’s social media site X, OpenAI CEO Sam Altman declined the offer.