Topline<\/p>\n
Elon Musk\u2019s fortune soared Thursday, rising above $788 billion to a new record high as Tesla\u2019s stock rose after Musk said the company\u2019s robotaxi fleet would be \u201cwidespread\u201d by year\u2019s end.<\/p>\n
Musk is closing in on the $800 billion mark as his net worth sets a new record.<\/p>\n
Anadolu via Getty ImagesKey Facts<\/p>\n
Forbes\u2019 Real-Time Billionaires List<\/a> put Musk\u2019s estimated net worth at $788.1 billion as markets closed Thursday, with Tesla shares rallying more than 4%. <\/p>\n Musk, who appeared Thursday at the World Economic Forum in Davos, Switzerland, said Tesla\u2019s robotaxi service would be \u201cvery, very widespread\u201d across the U.S. by the end of the year after first launching the fleet in Austin, Texas, in June 2025.<\/p>\n Tesla\u2019s shares Thursday rose about 4.2%, above $449, prompted by Musk\u2019s comments, adding to a 2.9% rally on Wednesday.<\/p>\n Forbes Valuation<\/p>\n Musk\u2019s net worth added nearly $13 billion (1.7%) on Tesla\u2019s stock surge, cementing his lead as the world\u2019s richest person, ahead of Google cofounders Larry Page ($270.4 billion) and Sergey Brin ($249.5 billion), who rank as the second- and third-richest, respectively, according to Forbes\u2019 estimates. Page and Brin have soared in recent months among the ranks of the world\u2019s wealthiest, ranking ahead of No. 4 Jeff Bezos ($245.5 billion), No. 5 Larry Ellison ($227 billion) and No. 6 Mark Zuckerberg ($222.1 billion).<\/p>\n What To Watch For<\/p>\n Tesla will report fourth-quarter earnings after market close on Jan. 28. Earlier this month, Tesla reported it manufactured just over 434,000 vehicles and delivered roughly 418,000 in the quarter, a 16% decline compared to the same period in 2024. That pushed Tesla behind China\u2019s BYD as the world\u2019s largest electric vehicle maker, after BYD reported a 28% jump in annual sales to 2.26 million units.<\/p>\n Key Background<\/p>\n Musk has achieved numerous wealth milestones in the last year: In October, he became the first person to be worth $500 billion in October, he hit the $600 billion mark in December and then $700 billion just four days later. His wealth has accelerated on SpaceX being valued at $800 billion, well above the previous valuation of $400 billion in August 2025, and the Delaware Supreme Court overturning a ruling that voided Tesla stock options now worth about $126 billion. Forbes reported<\/a> last week that another $62 billion was added to his fortune after his xAI Holdings raised $20 billion from investors at a $250 billion valuation earlier this month. Musk\u2019s net worth may soon be the first to top $1 trillion: Tesla approved <\/a>a compensation package for its CEO in November, which could be worth $1 trillion, should the company achieve several financial and production goals. <\/p>\n Further ReadingForbesElon Musk\u2019s Net Worth Ends 2025 At $726 Billion\u2014More Valuable Than Belgium, Oracle, MoreBy Ty Roush<\/a>ForbesTesla Is No Longer World\u2019s Biggest EV MakerBy Siladitya Ray<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Topline Elon Musk\u2019s fortune soared Thursday, rising above $788 billion to a new record high as Tesla\u2019s stock…\n","protected":false},"author":3,"featured_media":536363,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,66,176050,2539,7829,40269,67,132,68],"class_list":{"0":"post-536362","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-elon-musk","10":"tag-elon-musk-net-worth","11":"tag-musk","12":"tag-tesla","13":"tag-tesla-shares","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115942907214095699","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/536362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=536362"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/536362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/536363"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=536362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=536362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=536362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}