Elon Musk first person worth 500 billion
In early October 2025, Elon Musk became the first person in recorded history to reach a net worth of approximately $500 billion.
The major driver of this leap in net worth was the strong performance of Tesla, Inc.. Musk holds about a 12 %,13 % stake in the company, and Tesla shares rose significantly in 2025, boosting his wealth.
In addition to Tesla, Musk holds substantial stakes in his privately held ventures, including SpaceX and xAI. SpaceX is estimated to seek a valuation of around $400 billion, and xAI is valued in tens of billions. These assets contributed strongly to Musk’s fortune.
Despite reaching the $500 billion mark, Musk’s wealth has fluctuated shortly afterwards due to market conditions and changing valuations. For instance, the widely used Bloomberg Billionaires Index assessed his net worth at around $470 billion at the same time.
Musk’s accumulation of wealth underscores the scale of value placed on innovation in electric vehicles, space exploration, and artificial intelligence. It also raises questions about wealth concentration and its broader economic implications.
