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Court Ruling Propels Musk to an Unprecedented Wealth Milestone
After a Delaware Supreme Court reversal restored Tesla stock options, Elon Musk’s net worth surged to nearly $749 billion, making him the world’s first individual worth over $700 billion.
A landmark decision by the Delaware Supreme Court has reshaped the global wealth rankings, pushing Elon Musk into uncharted territory. The court overturned an earlier ruling that had voided Tesla stock options awarded to Musk in 2018, restoring options now valued at about $139 billion. Following the judgment, Forbes removed a long-applied valuation discount, lifting Musk’s estimated net worth to roughly $749 billion. Tesla has again become his most valuable holding, complemented closely by his substantial stake in SpaceX.