Elon Musk First To Hit $500B Net Worth As Tesla Stock, SpaceX And xAI Valuations Boost His Fortune

Elon Musk became the first person to reach a net worth of $500 billion, driven by Tesla’s rebound and soaring valuations at SpaceX and xAI. Tesla shares have risen 14% this year, with Musk adding $6 billion in one day. The board has proposed a $1 trillion pay package even as car sales face pressure.