Elon Musk net worth has reached a milestone no one has ever achieved before. On Wednesday, the Tesla CEO touched a net worth of half a trillion dollars. Tesla shares climbed, SpaceX value soared and X AI added billions to the tally, moving Muses fortune through unchartered financial territory. Half term is more than a number. It’s a marker of influence, volatility and high stakes ambition. Estimates say that if the momentum continues, must may become the. World’s first trillionaire by March of 2023 Final report brings you more.
Elon Musk Net Worth Hits $500 Billion—A Global First
History has been written in dollars. Elon Musk becomes a first person ever to reach a net worth of half a trillion. The world’s richest person hit $500.1 billion, according to Forbes’s Real Time Billionaire tracker. The milestone was reached on Wednesday when Musk’s fortune breached the $500 billion mark before dipping slightly below that mark later in the day. Still, the line had been crossed, cementing his position at the very top of the wealth period. So how far ahead is Musk?
Elon Musk Net Worth Soars $150B Ahead of Rivals
The numbers tell the story. Elon Musk net worth is almost $150 billion higher than his closest rival, Oracle co-founder Larry Ellison, who stands at 350 billion. Ellison had briefly dethroned Musk last month when Oracle shares surged, but Musk has now pulled far, far ahead.3rd on the list is Meta CEO Mark Zuckerberg with the $245 billion net worth. Much of U.S wealth is tied to Tesla. Musk holds more than 12% of the electric carmaker. Tesla shares have climbed more than 20% this year. It rose nearly 4% just on Wednesday alone, adding $9.3 billion to Musk’s fortune in a single day.
Tesla Rally Drives Elon Musk Net Worth Higher
And in the past one year, the stock has logged massive gains, climbing 84%. Investors have rewarded him for stepping back from politics and returning focus to Tesla. After leading Trump’s Department of Government Efficiency for months, Musk announced he was scaling back his government. Oh, the move reassured shareholders who would worried about distractions from his core companies. Tesla’s board is also doubling down on us. It has proposed A compensation package worth $1 trillion, tying his pay to ambitious performance goals.
Board chair Robin Denholm recently declared Musk was front and center at Tesla once again. Days later, Musk himself bought Tesla shares worth a billion dollars. But Tesla is only part of the Musk empire. His rocket company SpaceX is now valued at around $400 billion, with US 42% stake worth 168 billion. His artificial intelligence venture XAI Holdings, merged with X, is valued at 113 billion, with his majority stake adding another 60 billion to his tally. It is this empire stretching from electric cars to outer space and to artificial intelligence.
That has propelled him into a milestone the world has never seen, and the climb may not stop here. According to Forbes, if Musk keeps this pace, he could become the world’s first trillionaire before March 2033.And so the man who once sold flamethrowers for fun now sits on a fortune that could bank wrong nations.
Half a trillion dollars is a number the world has never seen, a mark that balances on the edge of possibility and spectacle. Elon Musk’s fortune now moves into its own orbit, pulling headlines, markets and attention in its wake. It is a force that proves the economics of ambition can bend the rules and keep the world watching every rise. Every fool and every twist along the trajectory.
Last month, Tesla’s board proposed a $1 trillion pay package for Musk if Tesla hits an $8.5 trillion market cap—over eight times its current value—within ten years.
