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    <title>Aaj TV English News - World</title>
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    <pubDate>Tue, 07 Apr 2026 07:38:06 +0500</pubDate>
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      <title>Musk becomes first person worth $700bn following pay package ruling</title>
      <link>https://english.aaj.tv/news/330449761/musk-becomes-first-person-worth-700bn-following-pay-package-ruling</link>
      <description>&lt;p&gt;&lt;strong&gt;Tesla CEO Elon Musk’s net worth surged to $749 billion after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided last year, according to Forbes’ billionaires index.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Musk’s 2018 pay package, once worth $56 billion, was &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/sustainability/boards-policy-regulation/musk-wins-appeal-restores-2018-tesla-pay-deal-worth-56-billion-2025-12-19/"&gt;restored&lt;/a&gt; by the Delaware Supreme Court on Friday, two years after a lower court struck down the compensation deal as “unfathomable.”&lt;/p&gt;
&lt;p&gt;The Supreme Court said that a 2024 ruling that rescinded the pay package had been improper and inequitable to Musk.&lt;/p&gt;
&lt;p&gt;Earlier this week, Musk became the first person ever to &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/finance/musks-net-worth-hits-600-billion-forbes-says-spacex-preps-ipo-2025-12-15/"&gt;surpass $600 billion&lt;/a&gt; in net worth on the heels of reports that his aerospace startup SpaceX was likely to go public.&lt;/p&gt;
&lt;p&gt;In November, Tesla shareholders separately &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/finance/musks-net-worth-hits-600-billion-forbes-says-spacex-preps-ipo-2025-12-15/"&gt;approved&lt;/a&gt; a $1 trillion pay plan for Musk, the largest corporate pay package in history, as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.&lt;/p&gt;
&lt;p&gt;Musk’s fortune now exceeds that of Google co-founder Larry Page, the world’s second-richest person, by nearly $500 billion, according to Forbes’ billionaires list.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Tesla CEO Elon Musk’s net worth surged to $749 billion after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided last year, according to Forbes’ billionaires index.</strong></p>
<p>Musk’s 2018 pay package, once worth $56 billion, was <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/sustainability/boards-policy-regulation/musk-wins-appeal-restores-2018-tesla-pay-deal-worth-56-billion-2025-12-19/">restored</a> by the Delaware Supreme Court on Friday, two years after a lower court struck down the compensation deal as “unfathomable.”</p>
<p>The Supreme Court said that a 2024 ruling that rescinded the pay package had been improper and inequitable to Musk.</p>
<p>Earlier this week, Musk became the first person ever to <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/finance/musks-net-worth-hits-600-billion-forbes-says-spacex-preps-ipo-2025-12-15/">surpass $600 billion</a> in net worth on the heels of reports that his aerospace startup SpaceX was likely to go public.</p>
<p>In November, Tesla shareholders separately <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://www.reuters.com/business/finance/musks-net-worth-hits-600-billion-forbes-says-spacex-preps-ipo-2025-12-15/">approved</a> a $1 trillion pay plan for Musk, the largest corporate pay package in history, as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.</p>
<p>Musk’s fortune now exceeds that of Google co-founder Larry Page, the world’s second-richest person, by nearly $500 billion, according to Forbes’ billionaires list.</p>
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      <category>World</category>
      <guid>https://english.aaj.tv/news/330449761</guid>
      <pubDate>Sun, 21 Dec 2025 11:33:21 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
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        <media:title>Tesla CEO Elon Musk. – Reuters file
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