Elon Musk Hits $749 Billion, Inside the Portfolio of the First $700 Billion Man
Elon Musk has shattered economic history by becoming the first individual to amass a fortune exceeding $700 billion, a milestone driven not just by market forces but by a landmark judicial reversal. The Delaware Supreme Court’s decision to reinstate his voided 2018 Tesla stock options valued at approximately $139 billion effectively overruled a lower court that had previously deemed the compensation "unfathomable." The Supreme Court argued that rescinding the package was "improper and inequitable," leaving Musk uncompensated for six years of transformational leadership. This legal vindication immediately surged his net worth to a staggering $749 billion, cementing his financial dominance.
This ruling fundamentally reorders the hierarchy of Musk’s vast asset portfolio. Tesla has once again overtaken SpaceX as his most valuable holding; between his common stock and the restored options, his stake in the EV maker is now worth $338 billion. However, the speed of his wealth accumulation is the result of a dual engine. Just days prior to the court ruling, Musk crossed the $600 billion threshold thanks to a new valuation of SpaceX, which is reportedly preparing for a public offering that could value the private aerospace company at $800 billion. Consequently, Musk effectively controls two distinct fortune centers one public and one private that are individually larger than the market caps of most Fortune 500 companies.
The scale of this wealth creates a chasm at the top of the global rich list that is almost statistically difficult to comprehend. Musk is now approximately $500 billion richer than the world’s second wealthiest person, Google co founder Larry Page a gap so wide it equals roughly two additional Larry Pages. With Tesla shareholders recently approving an even larger $1 trillion future pay plan contingent on AI and robotics milestones, and SpaceX targeting a 2026 IPO, the trajectory suggests Musk is not just widening the lead but is on a direct collision course with becoming the world's first trillionaire.