Elon Musk’s net worth rocketed to the $500-billion mark on Wednesday, according to Forbes.

The tech titan reached the milestone as Tesla stocks have been climbing in recent months, the financial publication noted .

Musk’s fortune went up about $10 billion from Tuesday, Forbes found — the latest step on his march to becoming potentially the world’s first trillionaire . The number underwent slight fluctuations on Forbes’ “Real-Time Billionaires” rankings throughout the afternoon. 3

The Bloomberg Billionaires Index, which uses a different method to track the world’s richest people, placed Musk’s net worth at $459 billion.

Forbes uses interviews and annual research to come up with its list, while Bloomberg updates its data every day using stock prices and financial ratios.

Becau

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