Elon Musk Smashes Records by Hitting $500 Billion Net Worth—How He Got There and What It Means
Musk’s $500 Billion Milestone: Context and Implications Elon Musk’s climb to a $500 billion net worth illustrates how a sprawling tech empire can create unprecedented personal wealth. On October 1 2025, Musk became the first person ever to amass a half‑trillion dollars. Reuters calculated that at 3:55 p.m. ET his wealth reached $499.5 billion, as Tesla stock jumped nearly 4 % during trading reuters.com. Forbes’ real‑time tracker, which uses a slightly different methodology, pegged him at exactly $500 billion nypost.com. Either way, he ended the day roughly $150 billion ahead of the world’s second‑richest person, Oracle founder Larry Ellison nypost.com. How Tesla, SpaceX and xAI Propelled the Fortune The