Elon Musk is the CEO of Tesla and SpaceX
Tesla boss Elon Musk’s net worth has surged to to $749 billion late on Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that had been voided last year, Reuters reported, citing the Forbes Billionaires Index.
The ruling restores Musk’s 2018 compensation package, once valued at $56 billion, which had been struck down by a lower court that described the deal as “unfathomable” On Friday, December 19, 2025, the Supreme Court said a 2024 decision rescinding the pay package had been improper and inequitable to Musk.
The decision capped a week of extraordinary gains for Musk. Earlier this week, he became the first person ever to cross $600 billion in net worth following reports that his aerospace venture SpaceX, was likely to go public.
In November, Tesla shareholders separately approved a $1 trillion pay plan for Musk, the largest corporate compensation package in history, backing his push to transform the electric-vehicle maker into an artificial intelligence and robotics powerhouse.
Elon Musk becomes world’s first trillionaire
Musk’s fortune now exceeds that of Larry Page, the world’s second-richest person, by nearly $500 billion, according to the Forbes billionaires list.
He is now worth three times the second-richest person in the world.
Earlier this month, Tesla shareholders approved a plan to grant Musk up to 1 trillion dollars in compensation if he achieves milestones, including a market capitalization of 8.5 trillion dollars.
The compensation plan is divided into 12 tranches. Each stage outlines a path for Tesla to reach an enormous market capitalisation.
If Musk achieves this, he can claim an additional 12% of Tesla’s stock.
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