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  • 02 Oct 25

Musk Becomes First Person in History With $500 Billion Fortune

The market capitalization of Tesla pushed Elon Musk’s wealth to a historic record. His assets are now valued at more than $500 bln, once again making him the richest person in the world.

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Billionaire and Tesla CEO Elon Musk set a new record of personal wealth – according to Forbes Real-Time Billionaires, his fortune has reached $500 bln. A 4% rise in Tesla’s shares in just one day added $9.3 bln to the entrepreneur’s net worth. Musk now surpasses Larry Ellison by $150 bln, who holds second place.

Tesla’s Record Performance

Since April 2025, when Musk announced his resignation as head of the Department of Government Efficiency (DOGE) under President Donald Trump, Tesla’s stock has nearly doubled in price. The company’s market capitalization has approached its all-time high, lagging by less than 10%.

Currently, Musk’s stake in Tesla amounts to 12%, equal to $191 bln. Forbes also includes his 2018 options package, which was annulled by a Delaware court in 2024, valued at $133 bln. Musk has filed an appeal, and while the case is under review, Forbes discounts this portion of his wealth by 50%.

In September, Tesla’s board proposed a new compensation plan for Musk. If the company increases its capitalization more than eightfold over the next ten years, Musk could receive shares worth up to $1 trln.

According to bitcointreasuries, Tesla ranks 12th among public companies in bitcoin holdings. The company holds 11,509 BTC worth $1.37 bln.

The Role of SpaceX and xAI

Musk’s fortune is not limited to Tesla. He owns 42% of SpaceX, valued at $400 bln in August after its latest private round. This stake is worth $168 bln.

In addition, Musk owns 53% of the combined structure of X and xAI, which is valued at $113 bln. His stake amounts to $60 bln.

Wealth Growth Over Five Years

Back in March 2020, Musk’s fortune was estimated at $24.6 bln. By August of that year, he entered the billionaire top five, surpassing the $100 bln mark. In January 2021, his assets reached $190 bln, in September of the same year – $200 bln, and in November – $300 bln. By December 2024, he had reached $400 bln for the first time, and now $500 bln.

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This post is for informational purposes only and is not advertising or investment advice. Please do your own research before making any decisions.

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