Overview

• Forbes’ tracker showed Elon Musk peaking near $500.1 billion on Oct. 1 before easing to just over $499 billion by day’s end.
• Musk remains the world’s richest person by roughly $150 billion over No. 2 Larry Ellison, according to Forbes’ ranking.
• Forbes attributes about $191 billion of Musk’s fortune to his Tesla stake, with SpaceX estimated at $168 billion and xAI at roughly $60 billion.
• Recent Tesla share gains—including a 3.3% rise on Oct. 1 and a rise of more than 20% this year—helped propel the tally after Musk disclosed about $1 billion in Tesla stock purchases last month.
• Tesla’s board outlined a potential multiyear pay plan exceeding $1 trillion tied to aggressive targets in AI and robotics, including steep increases in company value and large-scale robot and vehicle sales.