Elon Musk $700 Billion Net Worth Makes History After Pay Package Ruling
Elon Musk reached a historic milestone this week. The Tesla CEO became the first person with an Elon Musk $700 billion net worth, according to Forbes. His wealth jumped after a key court ruling in Delaware.
The Delaware Supreme Court reinstated Musk’s 2018 Tesla pay package. The compensation includes stock options now valued at about $139 billion. As a result, Musk’s net worth climbed to nearly $749 billion.
The court overturned a 2024 ruling that had canceled the package. Judges said that earlier decision treated Musk unfairly. Therefore, the compensation deal is now back in place.
Earlier this week, Musk also crossed the $600 billion mark. Reports suggested that SpaceX may go public soon. That news further boosted investor confidence in Musk’s ventures.
Tesla investors back Musk’s long-term vision
Tesla shareholders continue to support Musk strongly. In November, they approved a massive $1 trillion pay plan. That vote made it the largest executive compensation package in corporate history.
Investors said they believe in Musk’s strategy. He wants to turn Tesla into an AI and robotics leader. In addition, Tesla continues to expand beyond electric vehicles.
The Elon Musk $700 billion net worth now dwarfs other billionaires. Musk is worth nearly $500 billion more than Google co-founder Larry Page. Forbes currently ranks Page as the world’s second-richest person.
The ruling also sends a strong signal to markets. It shows courts may support bold executive pay structures. However, critics still question the size of such packages.
For now, Musk remains unmatched in personal wealth. His growing influence spans cars, space, AI, and robotics. As a result, the business world is watching his next move closely.
