Elon Musk's family ties and net‑worth swing draw attention

Elon Musk is the son of model Maye Haldeman and engineer Errol Musk. His siblings include Tosca Musk, a film producer and founder of the streaming service Passionflix, and Kimbal Musk, who left a tech career to run The Kitchen Restaurant Group and author a cookbook. The three were born in South Africa, moved to Canada during their school years and now live in the United States. Tosca has spoken about the pressure of the Musk name and her experience becoming a mother through IVF, while Kimbal recalls cooking for firefighters after the 9/11 attacks and says he feels a strong community bond through food.

According to the Bloomberg Billionaires Index, Musk's net worth is now estimated at about $940 billion, down from his brief status as the world’s first trillionaire. His wealth derives mainly from his stakes in Tesla and SpaceX, and fluctuations in the share prices of those companies have driven the recent valuation change. SpaceX’s recent IPO and subsequent price movements illustrate the volatility that can affect Musk’s overall fortune.