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Elon Musk's Wealth Surges Past $500 Billion Amid Tesla Boom

10/30/2025

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Summary

Story summary

On October 28, 2025, Elon Musk's net worth topped $500 billion as Tesla rose amid U.S.-China trade relations.
Musk became the world's richest person in May 2024 after xAI raised $6 billion.
Tesla reported record annual deliveries in China of over 657,000 cars, while earnings fell short.
On that day, Musk's wealth rose by $6.6 billion, and a $1 trillion pay package could make him the first trillionaire, despite opposition.

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Story summary

On October 28, 2025, Elon Musk's net worth topped $500 billion as Tesla rose amid U.S.-China trade relations.
Musk became the world's richest person in May 2024 after xAI raised $6 billion.
Tesla reported record annual deliveries in China of over 657,000 cars, while earnings fell short.
On that day, Musk's wealth rose by $6.6 billion, and a $1 trillion pay package could make him the first trillionaire, despite opposition.