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Tesla CEO Elon Musk attends a memorial service for slain conservative commentator Charlie Kirk at State Farm Stadium, in Glendale, Arizona, on Sept. 21, 2025. Daniel Cole/Reuters

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Elon Musk on Wednesday became the first person to surpass $500 billion in net worth, powered by a rebound in Tesla’s share price this year and swelling valuations of his other tech ventures.
The milestone comes just under a year after Musk’s net worth crossed $400 billion and underscores his lead as the world’s richest person.

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