Elon Musk’s wealth briefly touched the half-a-trillion-dollar mark on Wednesday thanks in part to Tesla’s rising stock price.
Elon Musk is halfway to being the very first member of the trillionaire’s club.
Around 3:30 p.m. on Wednesday, Musk’s net worth hit the $500 billion milestone, according to Forbes’ billionaire index, making him the first person to ever reach the benchmark. By early Thursday, his net worth had settled around $499.1 billion, but was up to $502.9 billion by mid-morning, according to Forbes’ list.
Much of Musk’s wealth is connected to his stake in Tesla, and the company’s stock rose about 4% on Wednesday, which added an estimated $9.
