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02/10/25 05:19 UTC-04

Elon Musk became the first person in the world to earn $500 billion. Cryptocurrencies played a role.

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Other Elon Musk became the first person in the world to earn $500 billion. Cryptocurrencies played a role.

According to Forbes Real-Time Billionaires, Musk’s fortune has reached $500 billion, making him the first person in history to achieve this milestone.

Musk is an active participant in the crypto community and invests in digital assets through his companies. As a result, his record has attracted significant attention from the crypto industry.

The World’s Richest Man
Musk firmly holds the title of the world’s richest person, surpassing Oracle co-founder Larry Ellison by more than $150 billion. For comparison, in March 2020 his fortune was just $24.6 billion. The surge began with Tesla’s stock rally and was later boosted by the success of SpaceX and the merger of xAI with Twitter.

Tesla, SpaceX, and xAI: the Three Pillars of Musk’s Wealth

  • Tesla: shares have nearly doubled since April 2025, raising Musk’s 12% stake to $191 billion.

  • SpaceX: the latest private deal valued the company at $400 billion; Musk’s 42% stake is worth $168 billion.

  • xAI Holdings: combining artificial intelligence with Twitter gave Musk an asset valued at about $60 billion.

Bitcoin on Company Balance Sheets

  • Tesla holds 11,509 BTC worth around $1.37 billion.

  • SpaceX owns 8,285 BTC worth nearly $983 million.

Together, Musk’s companies hold over $2.3 billion in Bitcoin — a strong signal to the market that the world’s richest man is heavily invested in crypto.

Musk’s Crypto Holdings
Musk’s stance on crypto has shifted over the years, ranging from skepticism to acknowledgment of digital assets’ value. He has confirmed holding small amounts of BTC, ETH, and Doge, emphasizing that “real value lies in products and services, not in money of any form.”

The exact size of Musk’s personal crypto holdings remains unknown, but his companies’ Bitcoin strategy has become one of the key drivers behind his record-breaking wealth.

See also: "Dutch House of Representatives Rejects Proposal to Create Bitcoin Reserve"

#ElonMusk #Bitcoin (BTC)

Editor: Yuliya Soroka
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