AsianFin -- Tesla CEO Elon Musk recently revealed on his social media platform X that his personal security expenses would need to increase, highlighting a topic of interest for investors: the cost of safeguarding high-profile executives. Fortunately, many companies disclose such expenditures in their annual proxy statements, offering transparency into how boards manage executive security.

According to Tesla’s 2025 proxy filing, the company spent $2.8 million on Musk’s security in 2024, paying roughly $54,000 per week to a company owned by Musk himself. While this arrangement has drawn attention, it is useful to compare it with security spending for CEOs at other leading tech companies.

Among the so-called “Mag-7” tech giants—Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla—Musk’s security costs fall in the middle of the range. Meta Platforms led the group, spending $10.4 million in 2024 to protect CEO Mark Zuckerberg. Nvidia reported $3.5 million in “security-related services” for CEO Jensen Huang, a decision explicitly justified by the board as part of a high-level, independent security plan for a highly prominent executive.

Other Mag-7 figures show Amazon CEO Andy Jassy’s security at $1.1 million, Microsoft CEO Satya Nadella’s at $58,291—primarily for safe travel—Alphabet CEO Sundar Pichai’s at $8.3 million, and Apple CEO Tim Cook’s at just under $800,000. Altogether, these companies spent roughly $27 million on CEO security in 2024, a figure investors can expect to rise in line with the growing visibility and public profiles of tech executives.