PANews reported on October 2nd that the world's richest man, Elon Musk, has surpassed $500 billion in personal wealth, becoming the first person in history to cross this threshold. This is largely due to a rebound in Tesla's stock price and the soaring valuations of the tech entrepreneur's other startups. According to the Forbes Rich List, as of 4:15 PM ET, Musk's net worth reached $500.1 billion, but has now fallen back below $500 billion. According to data from BitcoinTreasuries, Tesla currently holds 11,509 bitcoins, and SpaceX, another space technology company associated with Musk, holds 8,285 bitcoins.PANews reported on October 2nd that the world's richest man, Elon Musk, has surpassed $500 billion in personal wealth, becoming the first person in history to cross this threshold. This is largely due to a rebound in Tesla's stock price and the soaring valuations of the tech entrepreneur's other startups. According to the Forbes Rich List, as of 4:15 PM ET, Musk's net worth reached $500.1 billion, but has now fallen back below $500 billion. According to data from BitcoinTreasuries, Tesla currently holds 11,509 bitcoins, and SpaceX, another space technology company associated with Musk, holds 8,285 bitcoins.

Musk becomes first person in history to surpass $500 billion in net worth

2025/10/02 14:30
1 min read

PANews reported on October 2nd that the world's richest man, Elon Musk, has surpassed $500 billion in personal wealth, becoming the first person in history to cross this threshold. This is largely due to a rebound in Tesla's stock price and the soaring valuations of the tech entrepreneur's other startups. According to the Forbes Rich List, as of 4:15 PM ET, Musk's net worth reached $500.1 billion, but has now fallen back below $500 billion.

According to data from BitcoinTreasuries, Tesla currently holds 11,509 bitcoins, and SpaceX, another space technology company associated with Musk, holds 8,285 bitcoins.

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