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Elon Musk Becomes First Person Worth $700 billion Following Pay Package Ruling

2 0
22.12.2025

A previous ruling calling Musk’s pay package ‘improper and inequitable’ was rescinded.

BY REUTERS

Elon Musk. Illustration: Inc.; Photo: Getty Images

Tesla CEO Elon Musk’s net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided last year, according to Forbes’ billionaires index.

Musk’s 2018 pay package, once worth $56 billion, was restored by the Delaware Supreme Court on Friday, two years after a lower court struck down the compensation........

© Inc.com