Overview
- Forbes’ real-time tracker showed Musk peaking around $500.1 billion before revising the figure to about $499.1 billion shortly afterward.
- Bloomberg’s separate calculation put his wealth near $470 billion, reflecting differing methodologies for public and private holdings.
- A roughly 4% intraday rise in Tesla boosted Musk’s estimated fortune by about $9 billion on the day of the move.
- Most of his wealth stems from major stakes in Tesla (about 12%, valued near $191 billion) and SpaceX (about 42%, valued near $168 billion), according to Forbes’ breakdown.
- Tesla’s board has proposed a performance-linked award worth up to $1 trillion under strict targets, with a shareholder vote scheduled for November, while Forbes places Musk about $150 billion ahead of Oracle’s Larry Ellison.