Elon Musk has officially become the first person in history to be worth $500 billion, following a sharp rebound in Tesla’s stock value.
The Tesla and SpaceX CEO, who also owns the social media platform X and the AI startup xAI, saw his net worth climb to $499.1 billion after briefly touching the half-trillion mark. The surge was driven by Tesla’s 14% rise in share price this year, restoring investor confidence after a turbulent start.
Tesla’s stock, which began the year at $427.90 before dropping to $220.67 amid controversy surrounding Musk’s brief stint in Donald Trump’s Department of Government Efficiency (DOGE), has since made a remarkable recovery. Musk’s resignation from the government post in May and his renewed focus on Tesla reportedly reignited market optimism.
Beyond Tesla, Musk’s vast fortune spans SpaceX, Neuralink, and xAI, all multi-billion-dollar ventures. Analysts say that at his current pace, Musk could become the world’s first trillionaire within a few years.
To illustrate the scale of his wealth, Musk’s $500 billion fortune would rank as the 31st largest economy globally—just below Austria but ahead of Norway, Malaysia, and South Africa. It is also 125 times the value of Britain’s Crown Jewels, 20 times the cost of London’s Elizabeth Line, and ten times the estimated worth of the Louvre Museum and its treasures.
His net worth even dwarfs the combined $14 billion market value of all English Premier League clubs—by more than 35 times—and could theoretically buy the White House 1,250 times, based on Zillow’s valuation of $398 million.
Meanwhile, the tech world around Musk continues to evolve. Rival firm Science Corporation recently announced a major breakthrough in neurotechnology—an eye chip known as PRIMA, which restores sight through a brain-computer interface. In a global clinical trial involving 38 patients, 84% reported significant improvement in vision after 12 months.
As the race for technological supremacy intensifies, Musk remains firmly at the top of the global wealth rankings—an emblem of innovation, controversy, and unmatched financial dominance.