Musk surpasses $7 trillion USD: The historic ruling of the Delaware court changes the game

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A sudden court decision has unexpectedly made Elon Musk the owner of the largest assets in history. According to data from Forbes, last weekend, Musk’s wealth surpassed $749 billion after the Delaware Supreme Court issued a historic ruling.

Turning Point from the Reversal Decision

Interestingly, the massive $56 billion compensation package approved by Tesla in 2018 for Musk was previously rejected by lower courts for being “unreasonably excessive.” However, the Delaware Supreme Court reversed this decision, affirming that the 2024 ruling was unjustified for the Tesla founder.

According to the court’s statement, canceling this compensation package was inappropriate and unfair. As a result, Tesla stock options worth $139 billion — one of the most significant parts of the compensation package — have been fully restored.

Related Events and Growth Momentum

Especially, recent news about the potential public listing of SpaceX — the aerospace company founded by Musk — pushed his asset value beyond $600 billion during the week. The combination of these factors has helped Musk become the first billionaire worldwide to reach this milestone.

The Delaware Supreme Court’s ruling not only impacts Musk’s personal finances but also sends a strong message about the rights of business leaders in legal disputes. This event marks a significant moment in the history of global personal assets.

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