Elon Musk has skyrocketed to a historic $500 billion fortune, driven by Tesla, SpaceX, and his other ventures, leaving Larry Ellison $150 billion behind and fueling speculation he could become the world’s first trillionaire by 2033, shocking the world with his unprecedented rise.

For the first time in history, Musk's fortune has crossed $500 billion |  Ukrainian News | LIGA.net

In a historic leap that has left the financial world stunned, Elon Musk has reached a net worth of $500 billion as of October 2025, skyrocketing from just $24.

6 billion four years ago and leaving Larry Ellison trailing by a staggering $150 billion.

Musk’s astonishing rise is largely fueled by Tesla, where he holds nearly 20% of the company, and whose stock has surged due to record-breaking vehicle deliveries, expansion into international markets, and growing investor confidence in electric vehicles.

In the third quarter alone, Tesla delivered nearly half a million vehicles, surpassing expectations and demonstrating the company’s dominance in the EV market.

Beyond Tesla, Musk’s fortune is bolstered by his 42% stake in SpaceX, which continues to revolutionize commercial space travel and satellite deployment, and his majority ownership of xAI, a rapidly growing artificial intelligence venture.

Additional investments in Neuralink, The Boring Company, and his $44 billion acquisition of Twitter, now rebranded as X, further amplify his wealth.

Analysts suggest that if current trends continue, Musk could become the world’s first trillionaire by 2033, particularly as he stands to gain from a $1 trillion performance-based compensation package tied to Tesla’s future growth.

Musk’s meteoric rise has occurred despite fierce competition from global automakers, ongoing regulatory scrutiny, and public debate over his political and social influence.

Elon Musk becomes first person to reach $500 billion fortune

His ability to dominate multiple industries simultaneously—from electric cars and rockets to artificial intelligence—has reshaped markets and investor expectations.

At the same time, Larry Ellison, though briefly surpassing Musk earlier this year, has seen his own fortune swell to $388 billion thanks to Oracle’s strong performance in cloud computing and AI infrastructure, highlighting the intense rivalry among the world’s richest tech moguls.

The rapid accumulation of wealth by Musk and Ellison underscores the transformative power of technology and innovation in today’s global economy.

It also raises pressing questions about wealth concentration, the role of tech entrepreneurs in society, and how a single individual’s decisions can impact entire industries and markets.

Musk’s personal and professional life—ranging from audacious ventures to controversial statements on social media—keeps the public and media intensely focused, amplifying both fascination and scrutiny.

Elon Musk’s journey from a mid-tier tech entrepreneur to the richest person in the world is a testament to relentless ambition, calculated risk-taking, and visionary leadership.

From founding PayPal to spearheading Tesla’s electric revolution, launching reusable rockets with SpaceX, and venturing into artificial intelligence with xAI, Musk has repeatedly disrupted industries while accumulating wealth at a pace previously unimaginable.

 

Elon Musk reaches $500 billion net worth, on track to becoming world's  first trillionaire

 

Each milestone not only adds to his fortune but also redefines industry standards, leaving competitors scrambling and observers questioning the limits of human achievement in finance and innovation.

As Musk edges closer to the trillionaire milestone, the world watches with a mix of awe and apprehension.

How far will he go, and what will his next moves mean for markets, technology, and society at large? For now, Elon Musk stands as a towering figure of unprecedented financial success, a living symbol of how ambition, innovation, and strategic vision can produce historic outcomes in the modern era.

The coming years promise to reveal whether his wealth will continue its explosive growth or face the limits of market forces, making every announcement and venture an event of global interest.