Key Points:
- Forbes lists Elon Musk at $500.1 billion today. The live index updates as the markets move.
- Tesla shares climb 3.3% and lift his wealth sharply. He also buys $1 billion more Tesla shares.
- SpaceX nears $400 billion in private sales this month. Reports value xAI near $75 billion already today.
Elon Musk hits a rare new wealth record today. Forbes says he is first to hit $500 billion. His sum stands at $500.1 billion at 4:15 p.m. ET. The real-time board tracks each move as markets trade.
Tesla rises and lifts his worth once more this week. He holds more than 12% of the firm. Wednesday adds over $6 billion to his paper wealth. The share price closes 3.3% higher by night.
Tesla rally and fresh buy signal
Tesla shares gain more than 14% so far this year. Some fear weak sales and thin profit still hurt. Investors still warm as Musk refocuses on the firm. He bought about $1 billion more stock in September.
That buy hints at long term faith in Tesla. The board also floats a $1 trillion pay plan. It links tough goals to his call for a bigger share. Leaders frame Tesla as an AI and robots force.
Fans still share the Elon Musk Africa clip. That video drew laughs and more online talk.
SpaceX and xAI values lift fortune
Private sales value SpaceX near $400 billion this month. xAI sits around $75 billion, with growth talk rising. Some reports say xAI could near $200 billion soon. These values now swell his total wealth this year.
Meanwhile, he paused some D.C. talk to refocus on Tesla. He says Tesla now pivots to AI and robots. His family also makes news this past week. His daughter declares independence at a youth event.
Oracle boss Larry Ellison sits second at $350.7 billion. He trails far behind Musk on the live rich list.
