Elon Musk's wealth hits new record high, surpasses $500B

[Starmix]

According to the report, Elon Musk has become the first person in history to reach a personal net worth of USD500 billion, before dipping slightly to USD485.8 billion, according to real-time tracking by Forbes. The Tesla and SpaceX founder remains firmly ahead of Oracle co-founder Larry Ellison, the world’s second-richest individual, by about USD136 billion.

The report also stated that Musk’s fortune continues to hinge on Tesla’s performance, with the automaker reporting 497,099 vehicle deliveries in the third quarter, a 7.4 percent year-on-year increase.

In addition, it said that after a slump tied to Musk’s controversial appointment as head of the Department of Government Efficiency (Doge) under the Trump administration, Tesla’s valuation—and Musk’s wealth—has rebounded sharply.

Tesla is now proposing a new compensation plan that, if approved by shareholders this November, could award Musk 423 million shares valued at up to USD1 trillion – potentially making him the world’s first trillionaire.

Source: PNA/ (Agenzia Nova)

 

[eLdavis]

That's pretty impressive no doubt, and i heard there is a possibility he might start his on streaming network to run Netflix out of business, though these are mostly rumors.

 

[Starmix]

That's pretty impressive no doubt, and i heard there is a possibility he might start his on streaming network to run Netflix out of business, though these are mostly rumors.

That could be a rumor, Musk is soon a trillionaire, and he never cares about other things like Netflix. He is a lucky guy, but he is a hardworking guy and his efforts paid him in trillions of dollars.

 

[eLdavis]

That could be a rumor, Musk is soon a trillionaire, and he never cares about other things like Netflix. He is a lucky guy, but he is a hardworking guy and his efforts paid him in trillions of dollars.

At the moment he does, he is the one encouraging people to cancel their Netflix due to the kind of shows Netflix has been doing, this is where the rumors come from i guess.

 

[Starmix]

At the moment he does, he is the one encouraging people to cancel their Netflix due to the kind of shows Netflix has been doing, this is where the rumors come from i guess.

He might have strong evidence to prove his words right; however, those who don't care about his warning just ignore it.

 

[Augusta]

Yeah he is the world greatest now and he is doing so well for himself and that's good for him

 

[Starmix]

Musk is a lucky human being, gifted with talent and the ability to increase his wealth. His wealth grows exponentially,

 

[Trush Jodie]

Elon Musk has never been lucky. He is a very intentional person that has broken into endeavors that no one has ever thought or imagined. And it is paying off for him.