Tesla(US:TSLA) Feng Huang Wang·2025-12-22 00:04Core Insights - Elon Musk has set a new record as the first individual to surpass a net worth of $700 billion, reaching $749 billion (approximately 5.28 trillion RMB) according to Forbes' real-time billionaire list [1][3]. Group 1: Wealth Increase - Musk's wealth surge is primarily attributed to the reinstatement of a long-stalled compensation plan, which grants him options to purchase 303 million shares of Tesla, initially valued at $56 billion [2][3]. - Following a court ruling that reinstated this compensation plan, Musk's net worth increased by $139 billion in a single day due to a rise in Tesla's stock price, which is now valued at $1.39 trillion [3][5]. Group 2: Legal and Strategic Developments - The Delaware Supreme Court ruled on December 19 that the previous decision to cancel Musk's 2018 compensation plan was "too extreme," necessitating its restoration [3]. - In response to ongoing legal disputes regarding the compensation plan, Tesla has relocated its corporate registration from Delaware to Texas, implementing new legal provisions to limit shareholder lawsuits [5]. Group 3: Market Performance and Future Prospects - Tesla's stock has increased by over 20% this year, significantly contributing to Musk's wealth growth [6]. - There are rumors of a potential IPO for SpaceX, which could further elevate Musk's net worth, with the company potentially valued at $1.5 trillion [6].