--- title: "Elon Musk Is Now Worth Over a Quarter Trillion Dollars" description: "Elon Musk's net worth grew past a quarter trillion dollars, or over $252 billion, according to Bloomberg." date: "2021-10-25" modified: "2021-10-25" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/the-byte/elon-musk-quarter-trillion-dollars" categories: - "Elon Musk" - "Future Society" - "The Industrialists" tags: - "billionaires" - "elon musk" - "SpaceX" - "tesla" - "the digest" --- # Elon Musk Is Now Worth Over a Quarter Trillion Dollars ![Elon Musk's net worth grew past a quarter trillion dollars, or over $252 billion, according to Bloomberg.]() *\Image: Getty/Futurism\* ## Quarter Trillionaire As if being a billionaire wasn't enough, Tesla CEO Elon Musk is gunning to seize the title of world's first-ever trillionaire. The CEO's net worth has now officially grown past a quarter trillion dollars, [*Bloomberg* reports](), leaving the second richest person in the world, Amazon founder Jeff Bezos, in the dust. It's an obscene amount of wealth for a single human being — and it may mean that it's only a matter of time before Musk's net worth hits 13 digits. ## Big Order The news comes after Tesla's share values rocketed after car rental giant Hertz [put in an order for 100,000 Teslas](), a massive endeavor to electrify its fleet. The purchase — the largest for electric vehicles according to *Bloomberg* — represents about $4.2 billion in revenue. As a result, Tesla shares rose around 6.7 percent on Monday. Musk already [overtook Bezos]() to become the wealthiest person on Earth late last month, but now he's widening his lead. ## Astronomical Wealth When Musk could become a trillionaire is still impossible to tell. If he does, though, it may not be because of Tesla. "More than one client has told us if Elon Musk were to become the first trillionaire... it won’t be because of Tesla," Morgan Stanley analyst Adam Jonas [told *The Guardian* last week](). "Others have said SpaceX may eventually be the most highly valued company in the world — in any industry." The space company is making moves to [develop the first rocket]() capable of sending astronauts to the Moon since the Apollo era — a feat that's bound to impress investors. **READ MORE:** [Elon Musk’s Wealth Is Soaring Past A Quarter Trillion Dollars]() \[*Bloomberg*\] **More on Elon Musk:** *[Could Elon Musk Paint a Giant Picture of His Face on the Moon?]()* ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()