Elon Musk has achieved an unprecedented milestone, becoming the first individual in history to amass a net worth of $500 billion.
The Tesla and SpaceX CEO—who also owns the social platform X and AI startup xAI—saw his fortune soar as Tesla’s stock surged by roughly 14% this year, briefly pushing his wealth past the half-trillion mark before settling at $499.1 billion.
The remarkable rebound in Tesla’s market value fueled much of this gain. The company’s shares, which began the year at $427.90 before falling to $220.67 amid controversy surrounding Musk’s short-lived role in Donald Trump’s Department of Government Efficiency (DOGE), have since recovered sharply. Following his resignation from the government position in May, Musk returned full-time to Tesla, restoring investor confidence and driving the stock’s resurgence.
Musk’s fortune is diversified across his ventures—Tesla, SpaceX, xAI, and Neuralink—each valued in the billions. Financial analysts suggest that, at his current growth rate, Musk could become the world’s first trillionaire within the next few years.
To put his wealth into perspective, Musk’s $500 billion fortune would rank as the 31st-largest economy in the world, just below Austria and ahead of Norway, Malaysia, and South Africa—his country of birth. His net worth is estimated to be:
125 times the value of Britain’s Crown Jewels ($4 billion)
20 times the cost of London’s Elizabeth Line
10 times the $45.5 billion value of the Louvre Museum and its art collection
35 times the combined market value of all Premier League football clubs ($14 billion)
In theory, Musk could even purchase the White House 1,250 times over, based on Zillow’s $398 million valuation.
Meanwhile, technological innovation continues to accelerate globally. A rival firm, Science Corporation, recently unveiled a major breakthrough in neurotechnology—an eye-chip implant called PRIMA, capable of restoring vision through a brain-computer interface. In trials across 17 global sites, including London’s Moorfields Eye Hospital, 84% of participants reported significant visual improvement within a year.
As Musk’s business empire expands through Tesla, SpaceX, and his AI ventures, competition in science and technology is intensifying. Yet, for now, Elon Musk stands alone at the pinnacle of global wealth.
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