Tech magnate Elon Musk has reached a jaw-dropping milestone — becoming the first person in history to amass a net worth of $500 billion.
The Tesla, SpaceX, and xAI founder’s fortune soared as Tesla’s stock rebounded by 14% this year, briefly pushing his wealth past the half-trillion mark before settling at $499.1 billion.

Analysts attribute the surge to Tesla’s strong recovery following Musk’s brief stint in Donald Trump’s Department of Government Efficiency (DOGE), from which he resigned in May.
Musk’s holdings also include SpaceX, Neuralink, and his AI startup xAI — all multibillion-dollar ventures. Financial experts predict Musk could become the world’s first trillionaire within the decade.

To put his wealth in perspective, Musk’s fortune would rank as the world’s 31st largest economy — ahead of Norway and Malaysia.
Meanwhile, competition in neurotechnology continues to heat up as rival firm Science Corporation announced a brain-chip breakthrough restoring vision for 84% of clinical trial participants.

For now, Musk remains the wealthiest person on Earth — standing at the summit of innovation and fortune alike.