Elon Musk becomes the world’s richest with a $500 billion net worth; here’s how he built his venture

Elon Musk, the CEO of Tesla and SpaceX and the owner of X (formerly known as Twitter), has achieved a record-breaking net worth of $500 billion, making him the first individual in history to amass such wealth. This historic milestone, reported by the Bloomberg Billionaires Index, underscores Musk’s influence across various sectors, including electric vehicles, space exploration, artificial intelligence, and social media. Earlier in December 2024, according to the reports Musk’s net worth at $400 billion, marking another historic first. His rapid accumulation of wealth reflects the success of his key ventures and his visionary role in shaping industries of the future.