In a surprising turn of events reminiscent of high-stakes espionage, Elon Musk, the wealthiest person in the world, is known by the code name "Voyager" among his security team. This revelation, revealed in a report by The New York Times, illuminates the considerable security measures Musk employs due to his immense wealth and public standing.
Over the years, Elon Musk's approach to personal security has undergone a significant transformation. Initially leading a modest lifestyle with minimal security measures, Musk's security strategy shifted in 2014 as his fortune and influence grew. This evolution entailed maintaining a rotating group of up to 20 armed bodyguards and a medical professional to safeguard him at all times. This dedicated security team reflects the increased risks associated with Musk's roles as the CEO of Tesla and SpaceX, as well as his status as the wealthiest individual globally, with a net worth surpassing $250 billion.
The costs related to ensuring Elon Musk’s security are substantial. Reports indicate that in January 2016 alone, his security expenses exceeded $163,000. Recent financial disclosures by Tesla have shown that Musk's security company billed $2.4 million in 2023 and an additional $500,000 through February 2024. These figures underscore the considerable financial investment Musk has made to protect his well-being.
Beyond personal security, Musk has made other protective investments, including acquiring a new residence in 2022 to preserve his privacy and security. This property is outfitted with round-the-clock security measures, demonstrating Musk's proactive approach to maintaining his safety.
While Elon Musk's security precautions are meticulous and resource-intensive, he is not the only tech titan to prioritize such measures.Security expenses are a common trend among top tech leaders. In 2023, the majority of Mark Zuckerberg's compensation from Meta was allocated for personal security costs. Similarly, Apple invested significantly in CEO Tim Cook's security and travel expenses, reflecting a wider pattern among prominent executives. Tesla has also enhanced its security measures following threats, such as implementing strict badge checks and addressing reported terroristic threats after a death threat against former CFO Zachary Kirkhorn.