Tesla and SpaceX CEO becomes first person ever to reach half a trillion dollars.
Elon Musk has become the first individual estimated to reach a net worth of $500 billion, according to Forbes. Most of his fortune comes from shares in Tesla and SpaceX. Despite fluctuations, Tesla’s stock surged nearly 4% recently, boosting Musk’s wealth. His portfolio also includes social media platform X, AI firm xAI, and Neuralink. Tesla unveiled a potential $1 trillion compensation plan tied to ambitious growth targets, which could further elevate Musk’s wealth over the next decade.
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