Elon Musk has made history by becoming the first person ever to achieve a net worth of more than $500 billion (£370.9bn), according to the Forbes billionaires index.
The Tesla boss’s fortune briefly touched $500.1bn on Wednesday afternoon in New York before slipping back to just over $499bn later in the day.
Musk’s wealth surge is attributed not only to the continued rise in Tesla’s valuation but also to the growing worth of his other ventures, including the artificial intelligence start-up xAI and his rocket company SpaceX, which have both seen strong momentum in recent months.
This milestone further cements Musk’s position as the world’s richest person, placing him well ahead of rivals in the global tech sector. His half-trillion-dollar net worth underscores the scale of influence and dominance Musk holds across electric vehicles, space exploration, and artificial intelligence—industries shaping the future of technology and innovation.
