Overview

• Forbes’ tracker showed Musk crossing the $500 billion mark during Wednesday trading before revising his wealth to about $499.1 billion.
• Bloomberg’s separate model put his fortune near $470 billion, highlighting methodology gaps between wealth lists.
• A roughly 4% intraday rise in Tesla shares added about $9 billion to his estimated net worth, pushing the brief crossover.
• Most of his wealth stems from sizable stakes in Tesla (about 12%) and SpaceX (around 42%), with additional exposure reported in xAI/X.
• Tesla’s board has floated a long-term performance award that could be worth up to $1 trillion in stock, subject to ambitious targets and a shareholder vote expected in November.