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Elon Musk becomes first person to hit $500 billion net worth, Forbes list shows

📅 October 02, 2025 12:00 AM 🕐 Scraped: October 02, 2025

Summary: Elon Musk’s net worth hit USD 499.5 billion on Wednesday, driven by Tesla’s stock rebound and rising valuations of SpaceX and xAI, making him the first person to approach a half-trillion fortune.

Elon Musk has set another staggering record. On Wednesday, the Tesla chief executive became the first person in history to amass a fortune brushing up against the half-trillion mark, nearly USD 500 billion, according to Forbes.

As of 3:55 p.m.

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October 02, 2025 at 12:00 AM

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