Tesla-investor-turned-bear Ross Gerber says that Elon Musk needs to show results on the company's biggest initiatives in 2026 or face investor backlash.

Elon Musk has officially become the world's first person to reach a net worth of $600 billion, Forbes reported Monday, fueled by plans for his SpaceX startup to go public with an $800 billion valuation.

Elon Musk on Monday became the first person ever worth $600 billion, Forbes said, ​on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800 billion.

Tesla shares closed near a record high as investors focused on AI ambitions, brushing aside valuation concerns and slowing EV sales.

Elon Musk reached another personal wealth milestone, with the valuation of SpaceX soaring to record new highs.

On December 15, Forbes confirmed that Elon Musk became the world’s richest person with a net worth of $600 billion. The Tesla mogul turned out to be the first person ever with the stated net worth.

Tesla stock could fall if Musk fails to get the company to reach these milestones.

Tesla froze director pay in 2021 after a lawsuit, but earlier option grants kept compounding, turning board service into a $3 billion windfall

Musk often brags about how his products are either changing the world now, or will do so in the future. One of his favorite recent topics is Tesla Robotaxi. Tesla has teased its Robotaxi program since Musk first mentioned it in 2016. As recently as last year, Musk claimed there would be 1 million of them on the road by 2025.