Elon Musk's net worth just hit $500bn - this is why

Sky NewsThursday, October 2, 2025 at 3:14:00 AM
Elon Musk's net worth just hit $500bn - this is why
Elon Musk has made history by becoming the first individual to surpass a net worth of $500 billion, a milestone that highlights his significant impact on the technology and business sectors. This achievement not only reflects Musk's success with companies like Tesla and SpaceX but also underscores the growing influence of tech entrepreneurs in the global economy.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
‘Cancel Netflix’: Elon Musk leads rightwing backlash over trans character in kids’ show
NegativeWorld Affairs
Elon Musk has sparked a significant backlash against Netflix after a clip from the kids' show 'Dead End: Paranormal Park' resurfaced, featuring a trans character. Musk, known for his controversial views on free speech, urged his followers to cancel their Netflix subscriptions, claiming the platform promotes a 'woke bias' through its inclusion of LGBTQ+ characters. This incident highlights the ongoing cultural debates surrounding representation in media and the impact of influential figures on public opinion.
‘Cancel Netflix’: Elon Musk leads rightwing backlash over trans character in kids’ show
NegativeWorld Affairs
Elon Musk has sparked a significant backlash against Netflix after a clip from the kids' show 'Dead End: Paranormal Park' resurfaced, featuring a trans character. Musk, known for his controversial views on free speech, urged his followers to cancel their Netflix subscriptions, claiming the platform promotes a 'woke bias' through its inclusion of LGBTQ+ characters. This incident highlights the ongoing cultural debates surrounding representation in media and the impact of influential figures on public opinion.
Judge denies Elon Musk’s bid to move Twitter case from Washington to Texas
NegativeWorld Affairs
In a recent ruling, a judge denied Elon Musk's request to relocate the Twitter case from Washington, D.C. to Texas. Musk, known for his busy schedule as the world's richest man, argued that attending the hearings in D.C. posed a significant burden. This decision is crucial as it keeps the case in a jurisdiction that may influence its outcome, highlighting the ongoing legal challenges Musk faces and the implications for Twitter's operations.
Judge denies Elon Musk’s bid to move Twitter case from Washington to Texas
NegativeWorld Affairs
In a recent ruling, a judge denied Elon Musk's request to relocate the Twitter case from Washington, D.C. to Texas. Musk, known for his busy schedule as the world's richest man, argued that attending the hearings in D.C. posed a significant burden. This decision is crucial as it keeps the case in a jurisdiction that may influence its outcome, highlighting the ongoing legal challenges Musk faces and the implications for Twitter's operations.
OpenAI surpasses SpaceX as world’s most valuable startup
PositiveWorld Affairs
OpenAI has officially surpassed SpaceX to become the world's most valuable startup, achieving a staggering $500 billion valuation after a recent share sale. This milestone is significant not only for OpenAI but also for the tech industry, as it highlights the growing importance and influence of artificial intelligence in today's economy. With this achievement, OpenAI is set to lead the way in innovation and development, potentially reshaping various sectors and driving further investment in AI technologies.
OpenAI surpasses SpaceX as world’s most valuable startup
PositiveWorld Affairs
OpenAI has officially surpassed SpaceX to become the world's most valuable startup, achieving a staggering $500 billion valuation after a recent share sale. This milestone is significant not only for OpenAI but also for the tech industry, as it highlights the growing importance and influence of artificial intelligence in today's economy. With this achievement, OpenAI is set to lead the way in innovation and development, potentially reshaping various sectors and driving further investment in AI technologies.
UK and EU poised to strike deal sparing British business from carbon border tax
PositiveWorld Affairs
The UK and EU are on the verge of finalizing a deal that would protect British businesses from the upcoming carbon border tax set to take effect in 2026. This agreement is significant as it aims to alleviate potential financial burdens on UK exporters, fostering a more favorable trade environment. By collaborating on this issue, both sides demonstrate a commitment to maintaining strong economic ties while addressing climate change concerns.
UK and EU poised to strike deal sparing British business from carbon border tax
PositiveWorld Affairs
The UK and EU are on the verge of finalizing a deal that would protect British businesses from the upcoming carbon border tax set to take effect in 2026. This agreement is significant as it aims to alleviate potential financial burdens on UK exporters, fostering a more favorable trade environment. By collaborating on this issue, both sides demonstrate a commitment to maintaining strong economic ties while addressing climate change concerns.
Elon Musk becomes first person with net worth of $500bn
PositiveWorld Affairs
Elon Musk has made history by becoming the first person to reach a net worth of $500 billion, marking a significant milestone in the world of wealth accumulation. Although his wealth dipped back to $499 billion shortly after, this achievement highlights the immense financial success of the Tesla CEO and brings him closer to the elusive trillionaire status. This moment is not just about numbers; it reflects the growing influence of technology and innovation in shaping the economy.
Elon Musk becomes first person with net worth of $500bn
PositiveWorld Affairs
Elon Musk has made history by becoming the first person to reach a net worth of $500 billion, marking a significant milestone in the world of wealth accumulation. Although his wealth dipped back to $499 billion shortly after, this achievement highlights the immense financial success of the Tesla CEO and brings him closer to the elusive trillionaire status. This moment is not just about numbers; it reflects the growing influence of technology and innovation in shaping the economy.
UK considers stamp duty exemption for newly listed company shares
PositiveWorld Affairs
The UK government is considering a stamp duty exemption for shares of newly listed companies, a move that could make British markets more appealing to investors. This proposal comes as Rachel Reeves prepares for her upcoming budget, aiming to stimulate economic growth and attract more businesses to the stock market. If implemented, this change could enhance market liquidity and encourage more companies to go public, ultimately benefiting the economy.
UK considers stamp duty exemption for newly listed company shares
PositiveWorld Affairs
The UK government is considering a stamp duty exemption for shares of newly listed companies, a move that could make British markets more appealing to investors. This proposal comes as Rachel Reeves prepares for her upcoming budget, aiming to stimulate economic growth and attract more businesses to the stock market. If implemented, this change could enhance market liquidity and encourage more companies to go public, ultimately benefiting the economy.
Latest from World Affairs
Manchester synagogue attack victims named
NegativeWorld Affairs
The tragic attack on a synagogue in Manchester has left the community in shock as police have identified the two victims, Adrian Daulby, 53, and Melvin Cravitz, 66. This incident highlights the ongoing issues of violence and hate targeting places of worship, raising concerns about safety and security in communities. It serves as a reminder of the need for solidarity and support for those affected by such acts.
Road and rail disruption as Storm Amy approaches
NegativeWorld Affairs
As Storm Amy approaches, several ScotRail services and ferry journeys have been cancelled, causing significant disruption for travelers. This situation is concerning as it highlights the impact of severe weather on transportation, affecting people's plans and safety.
Munich drone disruptions add to Europe’s security worries – latest updates
NegativeWorld Affairs
Recent drone sightings in Munich have caused significant disruptions, leading to the cancellation of 17 flights and the diversion of 15 others, affecting thousands of travelers. This incident adds to growing concerns about security in Europe, especially following disagreements over a proposed 'drone wall' project discussed at the recent EU leaders' meeting in Copenhagen. The situation highlights the ongoing challenges airports face in ensuring safety and maintaining smooth operations amidst rising drone activity.
Dfat officials en route to Israeli prison after Australians on pro-Palestinian flotilla reportedly detained
NegativeWorld Affairs
Five Australians are reportedly detained in an Israeli prison after being part of the Global Sumud Flotilla, which aimed to support Palestinian rights. This situation highlights ongoing tensions in the region and raises concerns about the treatment of activists. The Australian government is sending officials to assess the situation, emphasizing the importance of diplomatic engagement in addressing such incidents.
‘No evidence’ alleged rape of woman in Oxfordshire took place, say police
NeutralWorld Affairs
Police in Oxfordshire have concluded their investigation into an alleged rape incident involving a woman in her 30s, stating that they found no evidence to support the claims. This development is significant as it highlights the importance of thorough investigations in sensitive cases, ensuring that both the alleged victims and the accused are treated fairly.
New Zealand v Australia: men’s second T20 international cricket – live
PositiveWorld Affairs
The second T20 international cricket match between New Zealand and Australia is generating excitement as both teams come in with impressive recent performances. Australia boasts a remarkable streak of 15 wins in their last 17 T20 matches, while New Zealand has also been strong, winning nine of their last 11 games. This match not only showcases top-tier cricket but also highlights the competitive spirit between these two nations, making it a must-watch for fans.