Overview

• Forbes’ real-time tracker showed Musk crossing the mark around 3:30 p.m. ET after Tesla shares rose nearly 4%, adding roughly $9.3 billion to his fortune.
• Musk’s holdings are led by Tesla (about 12% worth $191 billion), SpaceX (valued near $400 billion with an estimated 42% stake worth $168 billion) and xAI Holdings (about 53% worth roughly $60 billion).
• Bloomberg’s Billionaires Index estimates Musk’s wealth at about $459 billion, underscoring sizable differences in methodology between wealth trackers.
• The 2018 Tesla options award was voided by a Delaware judge in 2024 and is under appeal, which Forbes reflects with a discount, as Tesla’s board separately proposes a new performance-based pay plan that could be worth up to $1 trillion if ambitious targets are met.
• Musk now leads Oracle co-founder Larry Ellison by about $150 billion on Forbes’ list, as coverage links Tesla’s months-long rebound to Musk stepping back from his DOGE role to refocus on the company.