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Musk Breaks $700 Billion Wealth Barrier [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
ever worth more than $700 billion after a court cleared the way for his long-disputed pay package. Musk's net worth surged past $749 billion after the Delaware Supreme Court approved his 2018 compensation plan, restoring a massive stock award now valued at about $139 billion. Warning! GuruFocus has detected 1 Warning Sign with NVO. Is TSLA fairly valued? Test your thesis with our free DCF calculator. The ruling reversed a lower court decision that had voided the deal as excessive, with judges saying the earlier move went too far and left Musk effectively uncompensated for years of work. The timing adds to an already remarkable run. Musk's fortune has swelled on enthusiasm around Tesla's push into AI and robotics, alongside the rising valuation of SpaceX , which plans to go public in 2026. the ruling doesn't just crown a new wealth record, it raises fresh questions about how far executive pay can go. Investors will now watch how Musk's renewed incentives shape Tesla's next
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