Elon Musk Reinstated to Tesla Stock Options Worth $139bn, Moves Closer to Trillionaire Status
The Delaware Supreme Court has reinstated Elon Musk's 2018 Tesla stock options, valued at $139 billion, overturning a lower court's 2024 ruling that had struck down the pay package as unfathomable. This decision acknowledges that rescinding the package left Musk uncompensated for six years and deemed the original verdict improper and inequitable.
Currently, Forbes estimates Musk's net worth at $749 billion, surpassing the $700 billion milestone and placing him approximately $500 billion ahead of Larry Page. Exercising all of his 2018 options would increase Musk's Tesla stake from about 12.4% to approximately 18.1% of an expanded share base.
The original 2018 pay package included stocks worth $56 billion. In a separate development, Tesla's market value stands at roughly $1.51 trillion at the time of writing. Additionally, a separate pay plan valued at up to $1 trillion was approved by 75% of Tesla shareholders in November. This plan aims for Tesla to deliver 20 million cars, 1 million robots, 10 million self-driving subscriptions, 1 million Robotaxis, achieve $400 billion in core profit, and lift Tesla's valuation to around $8.5 trillion.
If these ambitious targets are met, Musk could earn over 400 million additional shares worth about $1 trillion. Musk commented that he felt vindicated on X, although no formal statement has been issued.
