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Forbes Pegs Elon Musk at Roughly $500 Billion as Tesla Jumps

Propelled by a sharp Tesla rally, the estimate remains imprecise due to large private stakes.

Overview

  • Forbes said Musk became the first person estimated to reach about $500 billion in net worth, later revising the figure to $499.1 billion.
  • Tesla shares climbed roughly 15% in the latest session, lifting the carmaker’s market value above $1.5 trillion.
  • An SEC filing shows Musk bought about $1 billion of Tesla stock last month, acquiring roughly 2.57 million shares at $371 to $396.
  • Most of his reported wealth is tied to equity in Tesla and SpaceX, with Tesla identified as the primary driver.
  • Bloomberg’s tracker lists a lower estimate near $470 billion, reflecting differing methodologies and the added uncertainty of private assets and a large, performance‑contingent Tesla pay plan.