The present invention discloses a highly wear-resistant elastomer sole material, which comprises the following raw materials: a SBS rubber elastomer, a softening plasticizer, a thermoplastic polyurethane elastomer, a polyolefin elastomer, ethylene propylene diene monomer, a polystyrene resin, a styrene-butadiene rubber, a filler, an antioxidant, a light stabilizer and a processing aid. The invention further discloses a preparation method of the highly wear-resistant elastomer sole material. According to the present invention, the formula of the highly wear-resistant elastomer sole material is reasonable, the thermoplastic elastomer SBS is adopted as the substrate, and the highly wear-resistant elastomer sole material has advantages of high elasticity, high wear resistance, low compression deformation, weather resistance, low temperature resistance, excellent mechanical property, extremely easy extrusion processing molding, and the like; and the preparation method has characteristics of simple process, easy achieving and high production efficiency, and can quickly produce the highly wear-resistant elastomer sole material product, and the product can be widely used in the fields of sports shoes and casual shoes.