In yet another record-shattering moment, Elon Musk has officially reached a personal fortune of $500 billion, according to Forbes’ Real-Time Billionaires Tracker. The milestone, achieved on October 1, 2025, makes Musk not only the richest person in the world but also the first individual to hit the halfway mark toward becoming a trillionaire.
This achievement cements Musk’s dominance in global wealth rankings, keeping him $150 billion ahead of Oracle co-founder Larry Ellison, who holds the second spot.
Tesla’s Surge Powers Musk’s Wealth
Musk’s latest financial leap came after Tesla’s stock price rose nearly 4% on Wednesday, adding roughly $9.3 billion to his net worth in a single day. Over the past six months, Tesla’s share value has nearly doubled, fueled by renewed investor confidence and strong performance in the company’s electric vehicle and energy storage divisions.
The rally follows Musk’s decision to step back from his government advisory role in the Department of Government Efficiency (DOGE) earlier this year. The move came after Tesla reported a 71% profit decline, prompting shareholders to urge Musk to refocus his attention on the company. That shift appears to have paid off — both for Tesla’s market performance and for Musk’s personal fortune.
SpaceX and xAI: The Billion-Dollar Boost
While Tesla remains the foundation of Musk’s empire, his other ventures are playing an increasingly critical role in his wealth expansion.
SpaceX, Musk’s private aerospace giant, is now valued at $400 billion, up from $350 billion at the end of last year. With Musk holding a 42% stake in the company, his ownership is now worth an estimated $168 billion.
Meanwhile, his artificial intelligence venture, xAI Holdings, which merged with X (formerly Twitter) in March 2025, has also soared in valuation. Musk’s 53% stake in xAI is worth approximately $60 billion, according to Forbes. The merger has positioned xAI as a major player in the AI landscape, competing with giants like OpenAI and Anthropic.
The Trillion-Dollar Question
With his current trajectory, Forbes predicts that Elon Musk could become the world’s first trillionaire by March 2033 — less than a decade away. His diversified portfolio across automotive, space technology, social media, and artificial intelligence continues to drive exponential growth in his wealth.
Yet, Musk’s success extends beyond numbers. His ventures have reshaped industries — from revolutionizing sustainable energy to pioneering commercial spaceflight and advancing artificial intelligence research.
