Musk first person worth $700b

Reuters December 21, 2025 Less than a minute read

Elon Musk's company The company's current market capitalization is around $1 trillion. Nvidia, currently the world's most valuable company, is worth around $4 trillion.PHOTO :REUTERS

BENGALURU:

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 deal as "unfathomable."

The Supreme Court said that a 2024 ruling that rescinded the pay package had been improper and inequitable to Musk.

Earlier this week, Musk became the first person ever to surpass $600 billion in net worth.