Elon Musk sets net worth record! First billionaire to touch $500 bn; how Tesla has driven the surge

Oct 2, 2025 - 10:00
Elon Musk sets net worth record! First billionaire to touch $500 bn; how Tesla has driven the surge

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Elon Musk has set a new record, becoming the first person ever to build a fortune of $500.1 billion. This unprecedented wealth surge is attributed to a rebound in Tesla's stock, where he holds a significant stake, and soaring valuations of his other ventures, including SpaceX and xAI, with a massive pay package also proposed for him.

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