Overview

• Forbes estimated Musk’s fortune at $499.5 billion at 19:55 GMT on Wednesday, the highest level recorded for any individual, reflecting his stakes in Tesla, SpaceX and xAI.
• A near 4% rise in Tesla shares on the day, and more than 14% gains year to date, added roughly $7 billion to his reported wealth.
• Tesla’s board has proposed a performance‑only compensation package valued around $1 trillion that could increase his equity if stringent milestones are achieved.
• Other wealth trackers diverge sharply, with Bloomberg placing Musk far lower at about $459 billion, underscoring methodological and private‑valuation differences.
• Protesters gathered outside a Tesla diner and drive‑in in Hollywood on Wednesday, urging a boycott of the company.