Elon Musk He reached a new milestone in his career and in history, never reached by someone else. This Wednesday, the technology of the technology and founder of Tesla and Spacex It became the first person in history to have a heritage of $ 500,000 million.
According to The Real -Time Milimillonarios tracker of ForbesMusk reached this exact figure at 3:30 pm, Eastern time. This historical brand is put by $ 150,000 million dollars ahead of its main competitor, Larry Ellisonand closer one more step towards his next big goal: to become the first billionaire in the world.
The road to the $ 500,000 million from Musk has been marked by several achievements, both in Tesla and other of its companies. For example, Tesla’s shares rose about 4% on the same day that Musk reached this record, which added $ 9.3 billion to his fortune.
After a turbulent year, Tesla’s shares have shown an upward trend, with the Tesla market value again approaching their historical maximums, thanks to the improvement in investors’ confidence that Musk will focus again on their companies. The president of the Board of Directors of Tesla, Robyn Denholm, declared last month that Musk had returned to be in charge of the company after several months in the White House. 12% participation in the company is now valued at about $ 191 billion.
Even so, the fall of car sales and the persistent pressures on the margins have damaged the actions, making them one of the worst performance in the group of the “seven magnificent” technological actions of great capitalization.
It is worth mentioning that, although not all Musk assets are reflected in this figure, their 2018 Tesla shares package, which could have reached $ 133 billion, was invalidated by a judge in Delaware in January 2024. However, the tycoon continues to appeal to this decision in the Supreme Court of Delaware, which could change the final figure.
On the other hand, in September, the Tesla Board of Directors proposed a record compensation package for Musk, which I could give up to $ 1 billion dollars in shares If the company achieves extremely ambitious performance milestones.
But Tesla is not the only source of richness of Musk. His company of Coheretes Spacex, which he founded in 2002, has an estimated value of $ 400 billion. Musk has about 42% of Spacex, which is equivalent to $ 168 billion.
Besides, In March 2023, he founded Xai, an artificial intelligence company which merged with the social platform X (previously Twitter). This merger valued the combined company at $ 113 billion, and Musk’s participation in XAI Holdings is estimated at about $ 60 billion.
This achievement is only the most recent in a series of milestones that Musk has achieved in the last five years. In March 2020, his fortune was just $ 24.6 billion, but the rise of Tesla’s shares catapulted him to the position of the fifth richest person in the world. In January 2021, he was already the richest on the planet with almost $ 190 billionand in September of that year, he became the third person in history to exceed $ 200 billion. Then came the $ 300 billion in November 2021 and $ 400 billion in December 2024.
If you maintain this rhythm, Musk could become the first billionaire in the world before March 2033when the date of its Tesla payment package of $ 1 billion dollars arrives. However, as he has said, it’s not just about money.
“It’s not about ‘compensation’, but to have enough influence on Tesla to guarantee security if we build millions of robots,” Musk said in an X post in September. “If in the future you can throw me due to the pressure of activists who do not even have Tesla actions, I do not feel comfortable with that future.”
You may also be interested: