The post Musk Again Valued At $500 Billion—Still Only Person Ever appeared on BitcoinEthereumNews.com. Topline Elon Musk’s net worth eclipsed $500 billion again Tuesday as Tesla’s shares have risen in recent days, as the automaker appeared to benefit from warming trade negotiations between the U.S. and China, which accounts for more than one-fifth of Tesla’s sales. Tesla’s stock has risen in recent days as trade negotiations between the U.S. and China have cooled. Anadolu via Getty Images Key Facts Shares of Tesla rose 2.2% to around $462.50 as of Tuesday afternoon, following a 4.3% rally on Monday. President Donald Trump, who earlier this month threatened China with 100% tariffs after Chinese officials unveiled trade restrictions on rare earth minerals, said Monday the U.S. and China would likely “come away with” a trade deal before Trump met with Chinese President Xi Jinping. Treasury Secretary Scott Bessent said Sunday that Trump’s tariff threat was “effectively off the table” after a “very good” meeting with trade officials, sparking a broader market rally as trading opened Monday, which concluded with the Dow Jones Industrial Average and S&P 500 closing at record highs. Tesla’s annual sales in China, the automaker’s second-largest market behind the U.S., rose 8.8% to a record high of more than 657,000 cars in 2024. Forbes Valaution Musk, who holds roughly 12% equity of Tesla, is the richest person in the world with a fortune estimated at $501.7 billion. His net worth rose by $6.6 billion (1.3%) on Tuesday as Tesla shares continued a rally. He became the first person ever to be worth $500 billion earlier this month, and it’s possible he could be the world’s first trillionaire should Tesla shareholders approve Musk’s $1 trillion pay package. Some groups have opposed Musk’s pay package, including Glass Lewis and Institutional Shareholder Services, which advised Tesla’s shareholders to vote against the payment plan. In a letter to… The post Musk Again Valued At $500 Billion—Still Only Person Ever appeared on BitcoinEthereumNews.com. Topline Elon Musk’s net worth eclipsed $500 billion again Tuesday as Tesla’s shares have risen in recent days, as the automaker appeared to benefit from warming trade negotiations between the U.S. and China, which accounts for more than one-fifth of Tesla’s sales. Tesla’s stock has risen in recent days as trade negotiations between the U.S. and China have cooled. Anadolu via Getty Images Key Facts Shares of Tesla rose 2.2% to around $462.50 as of Tuesday afternoon, following a 4.3% rally on Monday. President Donald Trump, who earlier this month threatened China with 100% tariffs after Chinese officials unveiled trade restrictions on rare earth minerals, said Monday the U.S. and China would likely “come away with” a trade deal before Trump met with Chinese President Xi Jinping. Treasury Secretary Scott Bessent said Sunday that Trump’s tariff threat was “effectively off the table” after a “very good” meeting with trade officials, sparking a broader market rally as trading opened Monday, which concluded with the Dow Jones Industrial Average and S&P 500 closing at record highs. Tesla’s annual sales in China, the automaker’s second-largest market behind the U.S., rose 8.8% to a record high of more than 657,000 cars in 2024. Forbes Valaution Musk, who holds roughly 12% equity of Tesla, is the richest person in the world with a fortune estimated at $501.7 billion. His net worth rose by $6.6 billion (1.3%) on Tuesday as Tesla shares continued a rally. He became the first person ever to be worth $500 billion earlier this month, and it’s possible he could be the world’s first trillionaire should Tesla shareholders approve Musk’s $1 trillion pay package. Some groups have opposed Musk’s pay package, including Glass Lewis and Institutional Shareholder Services, which advised Tesla’s shareholders to vote against the payment plan. In a letter to…