Elon Musk Becomes First Person in History to Hit $500 Billion Net Worth

Elon Musk has set another record, becoming the first person in history to see his personal fortune reach half a trillion dollars.

The Tesla and SpaceX chief, who also owns the social platform X and AI startup xAI, briefly saw his net worth climb to $500 billion this week before settling around $499.1 billion, according to Bloomberg’s Billionaires Index.

The surge came as Tesla’s stock rebounded sharply, gaining roughly 14% since the start of the year. Shares that opened 2025 at $427.90 plunged to $220.67 amid controversy over Musk’s short-lived stint in Donald Trump’s Department of Government Efficiency (DOGE). But after resigning from the government role in May and refocusing on Tesla, investor confidence — and the company’s market value — soared.

Musk’s wealth now spans multiple billion-dollar ventures, including SpaceX, Neuralink, and xAI, alongside his stake in X. Analysts say that if his current trajectory continues, he could become the world’s first trillionaire within a few years.

To put the milestone in perspective:

• Musk’s $500 billion fortune would rank as the 31st largest economy in the world — just behind Austria and ahead of Norway, Malaysia, and South Africa.
• It’s 125 times more valuable than Britain’s Crown Jewels, and 20 times the cost of London’s Elizabeth Line.
• His net worth exceeds the combined value of every Premier League club by more than 35 times.
• Theoretically, he could buy the White House 1,250 times over, based on its $398 million valuation on Zillow.

Meanwhile, competition in Musk’s innovation-driven world remains fierce. Science Corporation, a rival neurotechnology firm, recently unveiled an experimental eye implant capable of restoring partial vision through a brain-computer interface called PRIMA. In a global trial involving 38 participants — including at London’s Moorfields Eye Hospital — 84% of patients saw significant improvements in sight within a year.

As Tesla’s market recovery accelerates and SpaceX’s valuation climbs, Musk remains in a league of his own — at least for now, standing alone at the summit of global wealth.