Elon Musk, the CEO of Tesla, is anticipated to reach a new financial peak, with projections suggesting his net worth will hit the trillion-dollar mark by the year 2033. According to Forbes’ real-time data, Musk’s current net worth is $500.1 billion. He had previously achieved the status of being the first person to reach a net worth of $400 billion by December. A significant portion of Musk’s wealth is derived from his electric vehicle company, Tesla, where he owns a 12.4% stake as of September 15. Tesla’s stock has seen a considerable increase, with over 14 percent growth this year, which added $9.3 billion to his overall wealth. Positive investor responses followed Musk’s decision to step away from his role as a ‘special government employee’ overseeing the Department of Government Efficiency (DOGE) under the Trump administration, allowing him to focus his efforts on Tesla’s performance.
