Elon Musk Makes History! Tesla CEO becomes first person in the world with a net worth of Rs 41500000000000, Larry Ellison ranks at…, Mukesh Ambani stands at…

As of Wednesday, his total net worth was about 351.5 billion USD. Elon Musk’s financial rise clearly demonstrates his extraordinary reach across multiple industries such as cars, rockets, and AI.

Written by: Victor Dasgupta Edited by: Victor Dasgupta

Updated: October 2, 2025, 9:30 AM IST

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https://www.india.com/business/elon-musk-tesla-spacex-ceo-xai-oracle-co-founder-larry-ellison-forbes-list-mukesh-ambani-gautam-adani-reliance-stock-market-8109782/ Copy

Tesla CEO Elon Musk

New Delhi: In a major development, Tesla and SpaceX CEO Elon Musk has become the first person in history whose total net worth has reached alomost 500 billion USD, nearly half a trillion USD. As per Forbes, Elon Musk’s net worth has ouched USD 499.5 billion. It is important to note that Tesla has witnessed a sharp surge in shares and rising valuation of his other companies, such as rocket-maker SpaceX and artificial intelligence startup xAI.

The major chunk of his wealth comes from Tesla, the electric car making company. This year, Tesla shares have risen by more than 14 percent. On Wednesday alone, Tesla’s stock jumped nearly 4 percent. This one-day surge added over 7 billion USD to Elon Musk’s personal fortune.

Last month, Tesla’s board made it clear how crucial Musk is to the company’s future. The company had spoken about granting him a compensation package worth 1 trillion USD. Tesla aims to transform itself into a major and significant player in the fields of AI and robotics.

Here are some of the key details:

• Tesla, the electric car maker, is the primary source of the major share of his income.
• This year, Tesla shares have risen by more than 14 percent.
• On Wednesday alone, Tesla’s stock jumped nearly 4 percent. This one-day surge added over 7 billion USD to Elon Musk’s personal fortune.
• Elon’s other companies are also contributing significantly.
• SpaceX, which is a leader in the private space-launch industry, has been seeing a steady rise in valuation.
• Elon Musk’s new venture, xAI, is also growing rapidly.
• The primary aim of xAI is to pose a strong challenge to OpenAI and other artificial intelligence companies.

In Forbes’ list of billionaires, Oracle co-founder Larry Ellison holds the second spot. As of Wednesday, his total net worth was about 351.5 billion USD. Elon Musk’s financial rise clearly demonstrates his extraordinary reach across multiple industries such as cars, rockets, and AI.