Elon Musk has just shattered another record.
This time becoming the first person in history to see his net worth soar past a staggering $500 billion. Yes, half a trillion dollars.
According to Forbes’ billionaires index, Musk’s fortune briefly touched $500.1bn on Wednesday before dipping slightly below.
The surge comes on the back of rising valuations not just for Tesla, but also for SpaceX and his AI venture, xAI.
With that, Musk remains comfortably ahead of rivals like Oracle founder Larry Ellison, who trails at around $350bn.
Tesla stock has climbed more than 20% this year, adding billions to Musk’s wealth.
Investors Reassured By Focus
Investors seem reassured that he’s focusing more on his companies instead of politics.
This comes after earlier controversies over his involvement with Trump’s government efficiency team.
Robyn Denholm, Tesla’s board chair, even declared Musk was now “front and centre” at the automaker.
There’s also a massive carrot dangling in front of him: a potential $1 trillion pay package if he can supercharge Tesla’s growth.
That means selling 12 million more cars, a million AI robots, and boosting its value eightfold.
For now, Musk’s empire spans cars, rockets, AI, and social media. Half a trillion is just the beginning.
The real question? How much higher can he go before the next frontier calls.
