Tesla CEO Elon Musk is on track to achieve a significant financial milestone, with projections indicating his net worth will reach half a trillion dollars by the year 2033. Musk’s current net worth, as tracked by Forbes’ Real-Time Billionaires, stands at $500.1 billion. He previously made history by becoming the first individual to surpass the $400 billion mark, achieving this in December. His financial success is closely tied to his electric vehicle company, Tesla, where he holds a 12.4% stake as of September 15. Tesla’s stock has experienced a surge, increasing by over 14 percent this year, which resulted in a $9.3 billion increase in Musk’s fortune. Positive investor sentiment towards Tesla was observed following Musk’s shift from his role as a ‘special government employee’ in the Trump administration, where he served as head of the Department of Government Efficiency (DOGE), allowing him to refocus on his company’s performance.
