It remains challenging to incorporate high-content fibers in fiber-reinforced polymer matrix composites to significantly enhance their mechanical properties. This work prepared polyether ether ketone (PEEK) matrix composite reinforced with 66 wt% carbon fibers with 0°/90° prepreg layer by compression molding, with aim to further increase the carbon fibers content in PEEK-based composites to improve the mechanical and wear properties at different temperatures, especially high temperature. The composite exhibits tensile and flexural strength of both exceeding 1000 MPa at room temperature, 810 ± 10 MPa and 521 ± 12 MPa at 200 °C and 458 ± 22 MPa and 290 ± 18 MPa at 300 °C, respectively. Especially at 300 °C, the composite demonstrates specific strength of 290 MPa/(g/cm3), which is superior to many magnesium or aluminum alloys (18–86 MPa/(g/cm3)). Further, the composite has a lower wear rate (5.47–12.80 × 10−7 mm3/Nm) at 200 °C by 1–2 orders of magnitude that of some materials with lubricating particles, and the wear surface is dominated by mild adhesive wear instead of abrasive wear at room temperature. The ultra-high mechanical and friction wear properties are attributed to the high content of staggered 90° carbon fibers, great interface bonding between the fibers and PEEK matrix, and self-lubricating effect of fibers and PEEK particles in the composite. This opens up a new performance level and provides a new idea for high-temperature applications of high-strength fiber-reinforced resin matrix composites.