Elon Musk Makes History with $500 Billion Net Worth

Elon Musk has achieved a monumental milestone in the business world by becoming the first person in history to reach a net worth of $500 billion. This historic achievement comes after years of success with his companies Tesla, SpaceX, and X (formerly Twitter).

Musk’s journey to half a trillion dollars began with him describing himself as cash poor, but within a year, he surpassed $300 billion in net worth. By December 2024, his net worth had reached $400 billion, and in October 2025, Forbes reported that he had reached the unprecedented $500 billion mark.

• Fast forward to today, Musk has made history as the first individual to amass a personal fortune exceeding $500 billion.
• Elon Musk briefly became the first person ever worth $500 billion (twice) in October.
• As of 2025, the tech visionary behind Tesla, SpaceX and X (formerly Twitter) has become the first person in history to surpass a net worth of $500 billion.

With his net worth continuing to rise, Musk is now in a position to potentially become the world’s first trillionaire, pending shareholder approval of his ambitious $1 trillion pay package.