BlockBeats news, December 21, according to (Forbes) Billionaires Index, after the Delaware Supreme Court reinstated the $139 billion Tesla stock options that were voided last year, Tesla CEO Elon Musk's fortune soared to $749 billion on Friday evening.
Elon Musk's 2018 compensation plan was valued at $56 billion and was deemed 'outrageous' by a lower court two years ago, but the Delaware Supreme Court announced on Friday that it has reinstated the plan. The Supreme Court stated that the ruling to revoke this compensation plan in 2024 was improper and unfair to Musk. Earlier this week, reports indicated that his aerospace startup SpaceX may be going public, leading Musk's fortune to surpass $600 billion, making him the first billionaire to achieve this milestone.
