Elon Musk’s fortune has jumped to $749 billion after the Delaware Supreme Court reinstated $139 billion in Tesla stock options.
The court restored Musk’s 2018 pay package, originally worth $56 billion, two years after a lower court voided it as “unfathomable.” The Supreme Court ruled the 2024 rescission was improper and unfair to Musk.
Earlier this week, Musk became the first person to surpass $600 billion in net worth, fueled by SpaceX’s potential IPO.
In November, Tesla shareholders approved a $1 trillion pay plan, the largest in corporate history, backing Musk’s vision of expanding Tesla into AI and robotics.
Musk’s fortune now exceeds Google co-founder Larry Page by nearly $500 billion, according to Forbes.
