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Elon Musk became the first person ever to hit a net worth around US$ 500 billion in October 2025, according to Forbes. His wealth soared following a significant rise in the share price of his electric-car company Tesla, Inc., strong valuations for his space-exploration firm SpaceX, and his investments in AI and other ventures. The main sources of Musk’s wealth are his large ownership stakes in Tesla and SpaceX. For Tesla he owns a double‐digit percentage share, which means that as Tesla’s market value climbs, so does his personal fortune. SpaceX, although privately held, has been valued extremely high in recent funding rounds and contract wins, boosting Musk’s net worth further. He also holds sizable positions in other ventures such as xAI, the social-media company formerly known as Twitter (now rebranded as “X”), and other tech/energy startups. Because so much of his net worth is tied to company valuations and stock prices rather than cash or traditional assets, Musk’s wealth can change dramatically in a short period. For instance, a rise in Tesla’s share price adds billions to his net worth almost instantly, and similarly any drop or slowdown in growth can reduce it. His journey to the half-trillion-dollar milestone reflects both the scale of his ownership and the rapid growth of his companies rather than the kind of steady wealth accumulation typical of older billionaires. In short, Musk’s crossing of the US$ 500 billion mark is significant because it marks a new level...