Musk becomes world's first half-trillionaire

Elon Musk becomes the world's first half-trillionaire as Tesla's value climbs, with his total net worth briefly hitting $500.1bn. Oracle founder Larry Ellison is the second richest person globally, with a fortune of about $350.7bn. Musk's wealth is largely tied to his significant stake in Tesla, which has seen shares rise by over 20% this year amid a shift towards focusing more on his companies and away from politics.