Delaware Court Reinstates Musk’s $139B Tesla Pay Package, Net Worth Soars to $749B
Elon Musk's wealth reached an unprecedented $749 billion on December 20, 2024, after the Delaware Supreme Court reinstated his 2018 Tesla compensation package. The ruling overturned a lower court decision that had voided the $56 billion stock-based award, now valued at $139 billion due to Tesla's soaring share price.
The court found Musk had met all performance milestones tied to the shareholder-approved package, which will increase his Tesla stake from 12.4% to 18.1% upon exercising options. This landmark decision validates one of corporate America's most ambitious pay-for-performance structures.