# Security spending for Elon Musk, who is also CEO of SpaceX and xAI, more than doubled through February, rising to $1.3 million from $500,000 during the same period a year earlier.

*business · news · 2026-05-02 · Benzinga*

## Key points

- Elon Musk's security spending more than doubled to $1.3 million through February year-over-year.
- Musk’s total security costs are higher, as other companies he leads also contribute funding.
- Despite the increase, Musk's personal security spending is still lower than Mark Zuckerberg's costs.
- Tesla’s stock is currently showing a negative trend across all measured time frames.

**Companies:** Tesla, SpaceX
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/tech/26/05/52236132/elon-musks-4-8-million-security-tab-reveals-rising-risks-for-billionaire-ceos)

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