Core Insights - Elon Musk's net worth has surged to $749 billion following a Delaware Supreme Court ruling that reinstated Tesla stock options worth $139 billion and his 2018 compensation package valued at $56 billion [1][3][4] - The court deemed the previous decision to rescind Musk's pay package as improper and unfair, marking a significant victory for him [1][3] - This ruling comes at a pivotal moment as Tesla aims to lead in artificial intelligence and robotics, supported by a record-breaking $1 trillion pay plan approved by shareholders [2][4] Company Impact - The reinstatement of Musk's stock options and compensation package strengthens his financial position and leadership role at Tesla Inc. [1][4] - The decision could have far-reaching implications for Tesla's strategic direction and Musk's ambitious plans for the company [4] - Musk's wealth now surpasses that of Larry Page, the second-richest person, by nearly $500 billion, highlighting his significant financial influence [2][3]
Musk's Net Worth Nears Three-Quarters of a Trillion Following Landmark Pay Decision