Overview

• Musk’s fortune touched about $500.1 billion before easing to roughly $499.1 billion on Wednesday, according to Forbes’ real-time tracker.
• Tesla’s stock rose nearly 4% on the day and is up more than 14% this year, adding roughly $7 billion to his paper wealth, with SpaceX and xAI valuations also contributing.
• Other gauges place him lower, with Bloomberg’s billionaires index around $459 billion, underscoring differences in how equity stakes and private valuations are tallied.
• Tesla’s board has floated a compensation plan valued at up to $1 trillion contingent on ambitious milestones, with shareholder decisions and ongoing court reviews still pending.
• Small protests targeted Musk in Hollywood at Tesla’s diner and drive-in site, where demonstrators called for a boycott of the company.