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.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the Unite...
Japan’s ruling coalition led by Prime Minister Sanae Takaichi has secured a sweeping victory in Sunday’s lower house election, cementing her autho...
Portugal’s moderate Socialist Antonio José Seguro won the presidency on Sunday, defeating far-right challenger André Ventura in a runoff vote that...
U.S. and Ukrainian negotiators have discussed an ambitious March goal for Russia and Ukraine to agree on a peace deal, though that timeline is likely ...
The Board of Peace created by U.S. President Donald Trump will hold its first leaders meeting on 19 February in Washington, a U.S. government official...
Russian troops in Ukraine have lost access to Starlink internet terminals after Kyiv and SpaceX moved to block unauthorised Russian use, a disruption Ukrainian officials described as a major blow to Moscow’s battlefield operations.
Tech billionaire Elon Musk said the search at his social media platform X offices in Paris on Tuesday by French authorities was a "political attack".
Ukraine is creating a white list for Starlink terminals to ensure only verified devices stay active, after officials warned that Russian forces were attempting to use the network during the Ukraine conflict.
Elon Musk’s rocket company SpaceX has acquired his artificial intelligence firm xAI, as the billionaire moves to bring more of his technology businesses under one structure.
Iran would retaliate by striking U.S. military bases across the Middle East if it comes under attack by American forces, Foreign Minister Abbas Araghchi said on Saturday (7 January), stressing that such action should not be seen as targeting the countries hosting those bases.
At least 31 people have been killed and scores wounded in a suicide bombing at a mosque in Pakistan’s capital, Islamabad, during Friday prayers, prompting widespread international condemnation.
U.S. and Ukrainian negotiators have discussed an ambitious goal of reaching a peace agreement between Russia and Ukraine by March, though the timeline is widely viewed as unrealistic due to deep disagreements over territory, according to multiple sources familiar with the talks.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
Several avalanches struck northern Italy on Saturday, killing at least three people, as rescue officials warned the death toll could rise with unstable conditions persisting across the Alps.
Double world champion Max Langenhan delivered a dominant performance to win men’s luge singles gold on Sunday (8 February), breaking the track record four consecutive times as Germany extended its grip on the sport, now winning four of the past five Olympic titles.
U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
India’s trade minister said diversifying energy imports and expanding purchases of advanced technology from the United States would serve New Delhi’s strategic interests, as the two countries move closer to finalising a long-awaited trade agreement.
U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
Japan’s ruling coalition led by Prime Minister Sanae Takaichi has secured a sweeping victory in Sunday’s lower house election, cementing her authority and paving the way for major economic and security reforms.
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