Elon Musk moves closer to becoming world’s first trillionaire

A favourable court ruling restoring Elon Musk’s long-disputed Tesla compensation has pushed his net worth beyond $700 billion, widening his lead as the world’s richest individual and bringing him closer to an unprecedented trillionaire status.

Tesla and SpaceX chief executive Elon Musk has taken a significant step toward becoming the world’s first trillionaire after his personal wealth surged past the $700 billion mark. According to the Forbes Billionaire Index, Musk’s net worth climbed to about $749 billion following a key ruling by the Delaware Supreme Court that reinstated his 2018 Tesla compensation package.

The decision ended a legal battle that had stretched nearly two years and centred on whether Musk’s performance-linked pay was valid. With the court reversing an earlier cancellation of the package, Musk’s wealth jumped sharply, making him the first individual in history to cross the $700 billion threshold.

Court ruling lifts long-running uncertainty

The Delaware Supreme Court overturned a lower court decision that had previously struck down Musk’s compensation plan, describing the earlier remedy as excessive. The judges held that cancelling the package entirely would have left Musk effectively uncompensated for several years of work at Tesla, despite the company achieving ambitious performance targets tied to the award.

The reinstated plan includes Tesla stock options now valued at around $139 billion, forming the single biggest contributor to Musk’s recent wealth surge. The compensation package was originally approved in 2018 and linked to Tesla’s market value and operational milestones, which the company later met.

Wealth gap widens further

With a net worth of roughly $749 billion, Musk is now wealthier than the next three richest technology leaders combined — Google co-founder Larry Page, Oracle founder Larry Ellison and Amazon founder Jeff Bezos. He also enjoys a nearly $500 billion lead over Page, the world’s second-richest individual.

Musk’s financial rise has been further supported by growing expectations around SpaceX, amid speculation of a future public listing, and recent gains in Tesla’s share price. Having crossed the $600 billion mark only days earlier, the latest court decision has accelerated Musk’s march toward a financial milestone never reached before.