Elon Musk has become the first person in history to surpass $700 billion in wealth, Forbes reports.
The Tesla and SpaceX founder's fortune has grown after the Delaware Supreme Court nullified Musk's Tesla stock option awards, which are now worth $139 billion.
A Delaware state court ruled in January 2024 that the process for awarding the options, now worth $139 billion, was unfair to shareholders. Thus, Musk's fortune is now estimated at $749 billion.
After today's court ruling, Tesla has once again become Musk's most valuable asset.