Elon Musk Becomes the First Person with a $500 Billion Net Worth
According to Forbes Real-Time Billionaires data, Elon Musk has reached a historical milestone – his net worth now stands at half a trillion dollars, surpassing the nearest competitor by $150 billion. The rise in Tesla’s stock value has been a key factor in increasing his wealth.
As of October 1, 2025, Elon Musk set a new world record by becoming the first person with a net worth of $500 billion. This achievement was made possible by a 4% increase in Tesla’s stock value, adding approximately $9.3 billion to Musk’s fortune. Currently, his 12% stake in Tesla is valued at $191 billion.
SpaceX, valued at $400 billion, and xAI Holdings, integrated with X (formerly Twitter) and valued at $113 billion, also play an important role in the growth of his wealth. Over the past five years, Musk has demonstrated rapid growth in his net worth: in March 2020, he had $24.6 billion, and by the end of 2024, he had reached $400 billion.
Experts predict that Elon Musk could become the world’s first trillionaire by 2033. Despite impressive financial success, Musk himself emphasizes that his main goal is the development of companies and their impact on the global economy. Tesla remains a key component of his business empire, continuing to impress with its market achievements.
| Year | Elon Musk’s Net Worth, $ Billion |
|---|---|
| March 2020 | 24.6 |
| August 2020 | 100 |
| December 2024 | 400 |
| October 2025 | 500 |
