Overview

• His fortune crossed $500.1 billion on Wednesday before ending near $499.1 billion, with real-time estimates subject to intraday swings and differences across wealth indexes.
• Musk’s roughly 12% Tesla stake remains the largest driver of his wealth, as shares are up about 14% this year and rose roughly 3%–4% Wednesday, lifting his net worth by more than $6 billion in a day.
• SpaceX is valued around $400 billion, contributing an estimated $168 billion to Musk’s net worth, while xAI was last valued near $75 billion, with higher figures discussed in reports that Musk has disputed.
• Tesla reported third-quarter deliveries of 497,099 vehicles, up 7.4% year over year, a release that briefly boosted the stock in premarket trading on Thursday.
• Tesla’s board has proposed a performance-based pay package worth up to $1 trillion, with a shareholder vote expected in November, and Musk recently disclosed buying nearly $1 billion of Tesla shares in September.