Delaware Supreme Court Decision, Elon Musk Net Worth : xAI and SpaceX CEO Elon Musk has seen a massive surge in his net worth. Following a recent decision by a US court, his total wealth has climbed to nearly $750 billion. This sharp rise came after the restoration of the Tesla compensation package that had earlier been cancelled.
Court Ruling Changes the Picture
The Delaware Supreme Court (Decesion) in the US has reinstated Elon Musk’s 2018 Tesla pay package. Earlier, in 2024, a lower court had struck down this compensation deal. The court observed that if the package were removed entirely, it would effectively mean that Musk received no compensation for his work over the past six years. Based on this reasoning, the earlier ruling was overturned.
$139 Billion Stock Option Package
The compensation agreement finalized in 2018 is currently valued at around $139 billion, based on Tesla’s present share price. Under this deal, Elon Musk was granted the option to purchase approximately 304 million shares at a significant discount upon achieving specific performance targets.
If Musk exercises all these stock options, his stake in Tesla could rise from 12.4% to 18.1%. Tesla’s board had earlier warned that any disruption to Musk’s compensation could even lead him to consider leaving the company.
First Person to Cross $600 Billion Net Worth
Recently, Elon Musk made history by becoming the first person in the world to surpass a net worth of $600 billion. A major factor behind this milestone is growing speculation around SpaceX. Reports suggest that SpaceX may soon launch a tender offer, pushing the company’s valuation close to $800 billion.
As a result, Musk’s wealth reportedly increased by about $168 billion, taking his net worth to approximately $677 billion at the time.
Will IPOs, Tesla, and xAI Push His Wealth Even Higher?
SpaceX is reportedly preparing for an IPO next year, with expectations that the company’s valuation could reach $1.5 trillion. In addition, Elon Musk’s roughly 12% stake in Tesla is currently valued at about $197 billion, excluding stock options.
Meanwhile, Musk’s AI venture xAI Holdings is in talks with investors, with a potential valuation of around $230 billion. Musk owns about 53% of xAI, which alone is estimated to be worth nearly $60 billion.
Overall, with court support, booming valuations, and potential IPOs on the horizon, Elon Musk’s net worth may continue to climb even further in the coming years.