Washington, Oct 2, 2025 (HS) : Tesla chief executive Elon Musk has become the first individual in history to achieve a net worth of $500 billion, according to Forbes’ Real-Time Billionaires tracker, cementing his dominance as the world’s richest person.
Musk’s fortune, largely tied to Tesla’s surging stock — up more than 14% this year and nearly 4% on Wednesday alone — puts him $150 billion ahead of Oracle co-founder Larry Ellison, the second-richest individual. The electric carmaker’s latest rally added $9.3 billion to Musk’s wealth in a single day.
Analysts project that Musk could become the world’s first trillionaire before March 2033, when a $1 trillion Tesla pay package vests. The company’s board has already proposed the ambitious compensation plan, setting financial and operational milestones in exchange for an expanded stake.
Tesla is not Musk’s only source of mammoth valuation. His rocket firm SpaceX is reported to be worth around $400 billion following new financing talks, while his AI startup xAI last drew a valuation of $75 billion, with expectations of growth beyond $200 billion.Musk’s return to Tesla leadership after stepping back from his White House advisory role has boosted investor confidence.
Last month, he personally purchased $1 billion worth of Tesla stock, signaling long-term faith in the company’s transition from cars into AI and robotics.The billionaire’s portfolio now spans energy, AI, and space exploration — industries he says are central to humanity’s future. With his half-trillion-dollar net worth rising rapidly, markets are closely watching whether Musk will indeed become the first trillionaire in less than a decade.
Hindusthan Samachar / Jun Sarkar
