Elon Musk is now worth $500,000,000,000 after a record-breaking day yesterday
The Tesla boss and X owner saw his worth swell briefly to $500 billion before lowering slightly to $499.1 billion.
It comes after Tesla’s stocks climbed around 14% this year – and Musk, who owns a 12% stake in the company, is reaping the benefits.
The value of the car company shares has risen by more than 20% over the last year.
Stocks in the electric carmaker were $427.90 a share in January but fell to $220.67 when Musk came under fire while working for Donald Trump’s Department of Government Efficiency (DOGE) to cut jobs and spending.
He quit in May and has been at the ‘front and centre’ of running Tesla since, the firm said.
On his current trajectory, Musk could soon become the world’s first trillionaire.
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