Elon Musk has officially sailed into uncharted financial territory. This week, the entrepreneur’s personal fortune surpassed $500 billion, a level of wealth that has never before been accumulated by a single individual. The milestone places him in a solitary position atop the global economic hierarchy.
This journey into the unknown has been captained by his leadership at Tesla. The electric vehicle company’s valuation has swelled to over $1.5 trillion, making it one of the most valuable corporations in the world. Musk’s 12% share of this behemoth is the primary source of his unprecedented net worth.
The latest leg of the voyage was powered by a 13% rise in Tesla’s stock price since the beginning of 2025. This climb was sustained by a wave of good news, including a record-setting third quarter where the company delivered an astonishing 497,099 vehicles to eager customers.
Musk’s fleet also includes other formidable vessels. His rocket company, SpaceX, is exploring the frontiers of space and is reportedly valued at around $400 billion. His AI company, xAI, is navigating the nascent waters of artificial intelligence with a $75 billion valuation.
After temporarily crossing the half-trillion-dollar line, his wealth settled at $499 billion. Even so, he remains far ahead of any historical or contemporary rival. He is, for now, the sole inhabitant of this new world of wealth, having charted a course that no one else has followed.
