Tesla CEO Elon Musk is going to achieve a new milestone in the near future, as his net worth will become half a trillion dollars by 2033.
According to Forbes’ Real-Time Billionaires tracker, Musk’s net worth now stands at $500.1 billion. The Tesla CEO became the first-ever person to reach $400 billion by December.
Musk’s fortunes are linked to his electric vehicle entity, Tesla, where he holds a 12.4% stake as of September 15. Tesla’s stock has gone up more than 14 percent this year, and a 4 percent rise added $9.3 billion to his fortune.
Tesla’s fortunes improved with investor sentiment after Musk quit as a ‘special government employee’ serving as head of the Department of Government Efficiency (DOGE) under the Trump administration, and refocused on his company’s performance.
US President Donald Trump and Tesla CEO Elon Musk were spotted sitting side by side at the memorial service of conservative activist Charlie Kirk. The two were observed speaking in a private suite during the service, with a White House social media account highlighting their interaction.
Elon Musk also shared a post on X with Trump in which he wrote, “For Charlie.”
For Charlie pic.twitter.com/8092jIt319
— Elon Musk (@elonmusk) September 21, 2025
This marks the first public encounter between Trump and Musk since Musk resigned from his position as a special government employee under tense circumstances. Musk had served as head of the Department of Government Efficiency until late May, when he criticised the administration’s signature policy bill, calling it “fiscally irresponsible”.
Following Musk’s departure, a series of social media posts from the Tesla CEO sharply criticising Trump prompted the former president to threaten the cancellation of federal contracts with Musk’s companies. The memorial appearance represents a notable thaw in their previously strained relationship, The Hill reported.
