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Tesla

Elon Musk’s net worth drops $50 billion amid Tesla rout—as Trillionaire status nears

A stock debut for Musk’s aerospace firm should make him the first trillionaire, even as Tesla’s latest slide cut into his fortune.

  • By Ty Roush
  • Forbes Staff
There's a new top 3 on the rich list. Google co-founders Sergey Brin and Larry Page have climbed the rankings and now trail only Elon Musk... by some distance. Images: Getty

The top 10 richest people in the world (June 2026)

There’s a new member of the $300 billion club and a second sibling from America’s richest family among the planet’s ten wealthiest people.

  • By Forbes Staff

Could Musk merge SpaceX and Tesla? Here’s what analysts—and betting markets—say

Wall Street has speculated whether the world’s richest person will consider a tie-up for his two most valuable companies.

  • By Ty Roush
  • Forbes Staff

OpenAI cofounder and former Tesla AI leader Andrej Karpathy joins Anthropic

The hire marks a win for the Claude maker in the high-stakes AI talent wars.

  • By Alicia Park

Asides

Big tech is on track to spend $1 trillion on AI this year

Tech giants are on pace to double AI spending this year.

  • By Alicia Park

Tesla beats first-quarter expectations amid pivot to robotics, AI

The automaker said demand for its vehicles has rebounded from recent declines .

  • By Alicia Park

Ex-top Tesla engineer raises $140 million to rewire the electric grid

Heron Power, backed by Andreessen Horowitz and Breakthrough Energy, is scaling up production of solid-state transformers that move power to the grid more efficiently.

  • By Alan Ohnsman
  • Forbes Staff

Elon Musk’s net worth hits $788 billion in record-setting surge

Musk is closing in on the $800 billion mark as his net worth sets a new record.

  • By Ty Roush
  • Forbes Staff

Tesla is no longer world’s biggest EV maker

Tesla ceded the crown of the world’s biggest EV maker to Chinese rival BYD for the first time.

  • By Siladitya Ray
  • Forbes Staff

Elon Musk just became the first person ever worth $600 billion

The world’s richest person just hit another major milestone thanks to the soaring valuation of his rocket maker SpaceX.

  • By Matt Durot
  • Forbes Staff
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