Elon Musk's Fortune Soars to $500 Billion, He Jokes About Living on Mars
Elon Musk's fortune has skyrocketed in less than a year, adding $158 billion to his net worth. This staggering increase has made him the first person to reach a net worth of $500 billion. The entrepreneur, known for his innovative ventures in electric vehicles and space exploration, has responded to his newfound wealth with a bold statement about his future residence.
Musk's wealth surge comes after a year in which Forbes valued him at $342 billion. His companies, Tesla and SpaceX, have seen significant growth and success. Tesla's electric vehicles have gained widespread popularity, while SpaceX has made strides in reusable rockets and space tourism. Musk also leads Neuralink, a neurotechnology company working on brain-computer interfaces.
Musk's political career includes a stint as the head of the Department of Efficiency in the US government in 2025. However, he left the post following a public disagreement with then-President Donald Trump. Despite this, Musk's influence and wealth continue to grow.
Analysts predict that Musk could become the world's first trillionaire sometime during this decade, with some estimates suggesting it could happen as early as spring 2033 if his wealth continues to grow at the current pace. Musk's response to his new net worth was characteristic of his ambitious and unconventional nature, stating he would live either in the US or on Mars for the rest of his life.
