Elon Musk: Tesla IPO value was a thousandth of current value

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04.09.2026

Elon Musk: Tesla IPO value was a thousandth of current value — Tesla IPO value was a fraction

Elon Musk, CEO and product architect at Tesla, reflects on the remarkable growth of Tesla since its initial public offering.

He notes that the company's IPO valuation was just a fraction—specifically a thousandth—of its present value, underlining Tesla's significant rise in market capitalization over the years.

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Musk has recently discussed automated solutions across his ventures. He announced that automatic token optimization for Grok Bot will launch soon, aimed at lowering operating costs for users. The update reflects ongoing efforts to improve efficiency in Musk-led projects.

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