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Elon Musk Just Became The First Person Ever Worth $500 Billion

Tesla proposes Elon Musk pay package that could make him the worlds first trillionaire

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Elon Musk becomes worlds first half-trillionaire  for a few hours

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Elon Musk Becomes World's First Trillionaire

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Kelsey Piper

"The company is not for sale. It's another one of his tactics to try to mess with us."

"So my very basic read is Elon's offer isn't serious."

"Musk and his legal team's insistence that the offer is real should keep it in the headlines for a while, but I’m still skeptical of their story."

"We don't expect any meaningful discussions to develop."

"Elon's offer to purchase the OpenAI nonprofit for $97.4billion isn't going to happen."

"It's time for OpenAI to return to the open-source, safety-focused force for good it once was. We will make sure that happens."

Will Elon Musk Buy OpenAI?

Elon Musk, the founder and CEO of Tesla and SpaceX, became the first person in history to acquire a net worth of at least $500 billion on Wednesday, according to reporting by Forbes.

Daily Mail

Australian Broadcasting Corporation (ABC)

Elon Musk, the founder and CEO of Tesla and SpaceX, became the first person in history to acquire a net worth of at least $500 billion on Wednesday, according to reporting by Forbes.

According to the magazine, Musk briefly attained the landmark figure on Forbes’ Real-Time Billionaires tracker after Tesla’s stock rose by 4%, adding $9.3 billion to the CEO’s fortune, who owns a 12% stake in the company valued at $191 billion.

Google Finance

According to the magazine, Musk briefly attained the landmark figure on Forbes’ Real-Time Billionaires tracker after Tesla’s stock rose by 4%, adding $9.3 billion to the CEO’s fortune, who owns a 12% stake in the company valued at $191 billion.

The tech billionaire also owns shares in other companies, with his 42% ownership of SpaceX worth roughly $168 billion. His majority stake in xAI Holdings, formed in March through a merger of Xai and X (formerly Twitter), contributes a further $60 billion to his wealth.

AInvest

The tech billionaire also owns shares in other companies, with his 42% ownership of SpaceX worth roughly $168 billion. His majority stake in xAI Holdings, formed in March through a merger of Xai and X (formerly Twitter), contributes a further $60 billion to his wealth.

Musk’s wealth has grown considerably since March 2020, when it was valued at $24.6 billion, and has made him the world’s richest man, leading second-place Oracle CEO Larry Ellison by approximately $150 billion.

Fox Business

Musk’s wealth has grown considerably since March 2020, when it was valued at $24.6 billion, and has made him the world’s richest man, leading second-place Oracle CEO Larry Ellison by approximately $150 billion.

The development follows the Tesla board’s decision to award its CEO a trillion-dollar pay package in early September as an incentive for Musk to dedicate his attention to the electric-vehicle producer.

New York Post

The development follows the Tesla board’s decision to award its CEO a trillion-dollar pay package in early September as an incentive for Musk to dedicate his attention to the electric-vehicle producer.

The 2025 CEO Performance Award would reward Musk with an additional 12% share of the company, contingent upon the billionaire creating $7.5 trillion of value for Tesla by increasing the company’s market capitalization to $8.5 trillion. If successful, the award would be worth approximately $1 trillion.

The 2025 CEO Performance Award would reward Musk with an additional 12% share of the company, contingent upon the billionaire creating $7.5 trillion of value for Tesla by increasing the company’s market capitalization to $8.5 trillion. If successful, the award would be worth approximately $1 trillion.

Musk Becomes First Person to Hit $500B Net Worth

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Musk Becomes First Person to Hit $500B Net Worth

The Controversies

Altman

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Kantrowitz

Rusch

Piper

Toberoff

Articles on this story

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