Elon Musk has become the first person in history to amass a net worth close to $500 billion, driven by rising Tesla shares and soaring valuations of his other ventures.
Musk’s wealth reached $499.5 billion as of 3:55 p.m. ET on Wednesday, according to Forbes’ billionaire index. The surge comes as Tesla’s stock continues to rally, rising more than 14% this year and nearly 4% on Wednesday alone, adding over $7 billion to Musk’s fortune.
The company’s board recently proposed a $1 trillion compensation package for Musk, highlighting his pivotal role as Tesla shifts its focus toward artificial intelligence and robotics.
His wealth has also been boosted by significant valuation gains at xAI, Musk’s artificial intelligence startup, and SpaceX, his space exploration company.
Oracle co-founder Larry Ellison remains a distant second on the Forbes list, with a net worth of about $351.5 billion as of Wednesday.
Greek trains, ferries and taxis stopped on Wednesday as thousands of workers marched to parliament in Athens in a one-day strike against proposed labo...
American soybean farmers are struggling as China, once their largest buyer, shifts purchases to Argentina amid trade tensions and export incentives....
European Union leaders agreed on Wednesday to strengthen the bloc’s defences against Russian drones after recent airspace intrusions rattled Denmark...
Elon Musk has become the first person in history to amass a net worth close to $500 billion, driven by rising Tesla shares and soaring valuations of h...
Munich’s Oktoberfest reopened on Wednesday evening after a deadly family attack and bomb threat prompted a major police operation and a seven-hour s...
Billionaire Elon Musk's satellite internet service Starlink was back online for most users after a brief outage on Monday, according to tracking website Downdetector.com.
Elon Musk’s Starlink is experiencing a widespread service outage, the company announced on its website on Monday. Downdetector had recorded more than 43,000 users in the United States were affected as of 12:35 a.m. ET (0435 GMT).
Billionaire Elon Musk has called for “revolutionary government change” in the United Kingdom, addressing a far-right anti-immigration rally in London via livestream on Saturday.
Pope Leo has criticised corporate pay packages that grant executives hundreds of times more than workers, citing Tesla’s $1 trillion compensation plan for CEO Elon Musk. The remarks came in excerpts from his first media interview, released on Sunday by Catholic news site Crux.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Ukrainian President Volodymyr Zelenskyy accused Russia of deliberately cutting power to the Chornobyl and Zaporizhzhia nuclear plants, creating a risk of nuclear incidents.
Moroccan authorities have arrested more than 400 people during violent youth protests demanding reforms in public health and education.
American soybean farmers are struggling as China, once their largest buyer, shifts purchases to Argentina amid trade tensions and export incentives.
European Union leaders agreed on Wednesday to strengthen the bloc’s defences against Russian drones after recent airspace intrusions rattled Denmark and other member states.
Munich’s Oktoberfest reopened on Wednesday evening after a deadly family attack and bomb threat prompted a major police operation and a seven-hour shutdown of the world’s largest beer festival.
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