Elon Musk Becomes the First Person to Hit a $500 Billion Net Worth 💰
Elon Musk has officially made history — becoming the first individual ever to surpass $500B in net worth, per Forbes.
The surge comes as Tesla stock jumped 14% this year, alongside strong valuations for xAI and SpaceX. Musk’s 12.4% Tesla stake gained another $6B after shares rose 3.3% on announcement day.
📊 Musk reinforced investor confidence by purchasing $1B worth of Tesla shares, signaling renewed focus after a period of political distraction.
Despite challenges like slowing auto sales, Tesla remains central to Musk’s empire — with xAI valued at $75B and SpaceX reportedly targeting $400B.
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