Thursday, October 30, 2025 - Elon Musk has reached a record new milestone, with his net worth briefly soaring to $500 billion, making him the first person in history to hit the half-trillion mark.
The Tesla and SpaceX boss, who also owns the social platform
X and AI startup xAI, saw his fortune surge as Tesla’s stock value jumped
roughly 14% this year, pushing his wealth to $499.1 billion after a brief peak
at $500 billion.
The rise in Musk’s net worth is largely tied to Tesla’s
strong market rebound. The company’s shares, which began the year at $427.90
before dipping to $220.67 amid controversy over Musk’s brief role in Donald
Trump’s Department of Government Efficiency (DOGE), have since recovered
sharply. After resigning from the government post in May, Musk returned
full-time to leading Tesla, helping drive investor confidence.
Musk’s vast wealth is spread across multiple ventures
including SpaceX, xAI, and Neuralink, all valued in the billions. On his
current financial trajectory, experts suggest Musk could become the world’s
first trillionaire within a few years.
To put his wealth in perspective, Musk’s $500 billion
fortune would rank as the 31st largest economy in the world if it were a
country, just below Austria and ahead of Norway, Malaysia, and his native
South Africa. His net worth is 125 times greater than the estimated $4 billion
value of Britain’s Crown Jewels, 20 times the cost of London’s Elizabeth Line,
and ten times the estimated $45.5 billion value of the Louvre Museum and its
contents.
Musk’s fortune is also 35 times greater than the combined
market value of all Premier League football clubs, which stands at about $14
billion. With such immense wealth, analysts note he could theoretically buy the
White House 1,250 times over, based on Zillow’s valuation of $398 million.
Meanwhile, the tech world continues to advance around him. A
rival firm, Science Corporation, recently announced a breakthrough in
neurotechnology, developing an eye chip that can restore vision using a
brain-computer interface called PRIMA. The technology, tested in a clinical
trial involving 38 participants across 17 sites globally, including London’s
Moorfields Eye Hospital, enabled 84% of patients to experience a significant
improvement in visual function after 12 months.
As Musk’s financial empire grows through Tesla, SpaceX, and
his AI ventures, the competition in technology and innovation continues to
intensify; but for now, he stands alone at the top of the world’s wealth
rankings.
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