Elon Musk, known for his roles at Tesla, SpaceX, and X Corp, has made history as a man whose net worth has approached $500 billion. According to the Forbes Real-Time Billionaires tracker, his net worth was $499.5 billion as of October 1, 2025, and by the end of the trading day, it had surpassed $500 billion. This financial success is largely due to the significant recovery of Tesla shares and the rising valuations of his other businesses.
Tesla shares, Musk's primary source of wealth, closed on October 1, 2025, at $459.46, up 3.31% from the previous close. Musk's stake in the electric vehicle company is valued at approximately 12.4% of the stock (worth approximately $191 billion).
His space company, SpaceX, was valued at $350 billion as of December 2024, with Musk owning 42% of the shares (worth approximately $168 billion). His artificial intelligence startup, xAI, reached a valuation of $75 billion by July 2025.
This financial breakthrough highlights not only Musk's personal success but also his ability to shape the future of key industries. His vision and passion for innovation continue to drive progress, setting new benchmarks for entrepreneurship and technological development. Musk's journey demonstrates how bold ideas, backed by strategic investments and steadfast execution, can lead to unprecedented achievements.
His growing fortune is also stimulating debates about tax policy and wealth distribution in today's world, where a significant portion of the wealthiest individuals' assets are held in stocks.