đșđž Elon Musk Becomes the Worldâs First $500 Billion Man đ°đ
Elon Musk has officially made history, becoming the first person ever to surpass a $500 billion net worth, according to Forbes.
This milestone comes amid a strong rebound in Teslaâs stock, up over 14% in 2025, along with soaring valuations for xAI and SpaceX.
âą Musk owns 12.4% of Tesla, and a 3.3% stock jump on the day of the announcement added more than $6 billion to his fortune.
âą The rally follows renewed investor confidence, fueled by Muskâs refocused attention on Tesla and his recent $1 billion personal investment in the company.
â ïž Challenges remain:
âą Declining car sales and shrinking profits continue to weigh on Tesla, making it one of the weaker performers in the so-called âMagnificent Sevenâ tech stocks.
Meanwhile, the Tesla board has proposed a potential $1 trillion compensation package for Musk, tied to ambitious growth targets.
âą xAI was valued at $75 billion in July, with rumors of a $200 billion valuation (though Musk has denied active fundraising).
âą SpaceX is reportedly aiming for a $400 billion valuation.
Elon Muskâs ascent to $500 billion underscores his ongoing influence across electric vehicles, AI, and space exploration â a billionaire shaping the future on multiple fronts.