Finance

Elon Musk has become the first person to surpass $700 billion in wealth

Elon Musk has become the first person to surpass $700 billion in wealth

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.

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