San Francisco, November 30, 2025 :
Tesla CEO Elon Musk’s net worth skyrocketed to $482.5 billion on November 29, making him the richest person in modern history and the only individual in the $400 billion bracket, according to the Bloomberg Billionaires Index. The surge cements projections that Musk could become the world’s first trillionaire by 2027.
The spike was driven by a 15% Tesla stock rally after the electric vehicle giant surpassed Wall Street expectations in Q4, reporting $25 billion in revenue, largely fueled by record Cybertruck sales. Musk’s AI venture, xAI, also closed a massive $6 billion funding round, pushing tech sector confidence sharply higher.
Bloomberg attributes over $300 billion of Musk’s wealth gain this year to a series of high-impact milestones across his empire—SpaceX’s Starship breakthroughs, rising launch contracts, and Neuralink’s FDA approval for human clinical trials.
Musk celebrated the milestone on X, posting: “Innovation compounds.” The achievement comes despite ongoing SEC scrutiny over his cryptocurrency-themed posts, particularly those influencing Dogecoin, which Musk dismissed as “nothing but jealousy.”
Historic Milestones Fueling the Surge
Tesla surpassed 2 million annual deliveries for the first time.
Musk’s social media platform X saw ad revenue rebound to $2.5 billion.
SpaceX’s valuation and Mars mission roadmaps boosted investor optimism.
Nasdaq gained 2%, reflecting Musk’s outsized influence on U.S. tech markets.
Analysts at Wedbush maintain that Musk is “clearly on track for trillionaire territory by 2027,” citing SpaceX’s deep-space investments and Tesla’s autonomy roadmap.
However, economists like Robert Reich criticized the skyrocketing wealth gap, calling it a “monument to runaway inequality.” Meanwhile, Musk supporters online celebrated the rise as a validation of what they term “Muskonomics.”
Musk now leads the global wealth charts by a staggering $200 billion, far ahead of French tycoon Bernard Arnault, marking one of the widest gaps ever recorded.
