CAMPUS NOTICE: Elon Musk, CEO of Tesla, has become the first person to reach a net worth over $500 billion (₹41.5 lakh crore). This milestone was achieved on in New York. Musk's wealth comes from his stakes in Tesla, SpaceX, and xAI. Tesla's share price rose 3.3% that day and has increased 14% this year. Musk recently bought $1 billion worth of Tesla shares. The company faces competition from firms like BYD and is moving into AI and robotics. (Updated 2 Oct 2025, 06:18 IST; source: link)
Key Points
- CAMPUS NOTICE: Elon Musk, CEO of Tesla, has become the first person to reach a net worth over $500 billion (₹41.5 lakh crore)
- This milestone was achieved on in New York
- Musk's wealth comes from his stakes in Tesla, SpaceX, and xAI