Elon Musk Becomes First Person Valued at $500 Billion, According to Forbes
Elon Musk has reached a net worth of $500 billion, driven by Tesla’s stock surge and growing stakes in SpaceX and xAI, marking an unprecedented financial milestone.
Summary
Elon Musk has made history as the first person to reach a $500 billion net worth, according to Forbes. The surge in Tesla's stock, along with his holdings in SpaceX and xAI, contributed significantly to Musk’s wealth. Tesla's 4% stock rise added $9.3 billion to his fortune, boosting his stake to $191 billion. Musk’s wealth is now $150 billion more than the second wealthiest individual, Larry Ellison.
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