In a surprising turn of events akin to high-stakes espionage, Elon Musk, the wealthiest individual in the world, uses the alias “Voyager” within his security team. This revelation, as detailed in a report by The New York Times, provides insight into the extensive security measures implemented by Musk due to his immense wealth and public prominence.
Over the years, Elon Musk's approach to personal security has undergone significant changes. Initially known for his modest lifestyle and minimal security measures, Musk adapted to a more stringent security protocol around 2014 as his wealth and status increased. This evolution included a rotating team of up to 20 bodyguards, some of whom are armed, and a medical professional dedicated to managing potential threats and ensuring Musk's safety. These security arrangements are in place due to Musk's elevated risk profile as the CEO of Tesla and SpaceX, and as the wealthiest person globally with a net worth exceeding $250 billion.
The expenses associated with Elon Musk's security are considerable. Reports suggest that in January 2016 alone, Musk's security costs surpassed $163,000. The total expenditure on security has been substantial, with Tesla's SEC filings revealing that Musk's security company billed $2.4 million in 2023 and an additional $500,000 through February 2024. These figures demonstrate Musk's financial commitment to maintaining his safety.
In addition to personal security, Musk has invested in other protective measures. In 2022, he reportedly acquired a new residence to avoid public scrutiny of his previous address. The new property is equipped with round-the-clock security, underscoring Musk's proactive approach to safeguarding his privacy and security.
While Elon Musk stands out for his security precautions, he is not the only tech magnate to prioritize such measures.Security remains a top priority within the tech industry, with similar patterns emerging among key figures. In 2023, a significant portion of Mark Zuckerberg's compensation from Meta was allocated to covering expenses for personal security. Similarly, Apple invested heavily in ensuring the security and private travel needs of CEO Tim Cook, aligning with a broader trend seen among prominent executives. Tesla also enhanced its security protocols in light of potential threats, such as a recent death threat made against former CFO Zachary Kirkhorn. The company responded by implementing stricter badge checks at its facilities and addressing various terroristic threats reported to law enforcement.