Tesla and SpaceX CEO Elon Musk has made history. Following a recent ruling by the Delaware Supreme Court, his net worth has reached $749 billion, making him the first person in the world whose wealth has crossed $700 billion (approximately 62 lakh crore rupees).
This surge is primarily due to the reinstatement of his 2018 Tesla compensation package, which had previously been struck down by a lower court. The current value of this package is around $139 billion. The court stated that the previous decision was "unfair and disproportionate."
Earlier this month, SpaceX's valuation reaching $800 billion had already pushed Musk's net worth past $600 billion. According to Forbes and Bloomberg, Musk is now roughly $500 billion ahead of the second-richest person (Google co-founder Larry Page).
Elon Musk's Net Worth Graph (Growth Over Time):
The news is going viral on social media, where an old clip is back in the spotlight. In it, Musk quotes the film The Princess Bride (1987), saying: "Offer me money... Offer me power... I don't care." This clip highlights his commitment to free speech and independent opinions.
Experts believe that with Tesla's robotics and AI plans, Musk could soon become the world's first trillionaire.
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