TechFlow news, December 21 — According to the Forbes Billionaires Index, Elon Musk's net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated a $139 billion Tesla stock option package that had been voided last year. Musk’s 2018 compensation package, originally valued at $56 billion, was overturned two years ago by a lower court that deemed it "excessive," but this Friday the Delaware Supreme Court reversed that decision. The high court stated that the 2024 ruling to rescind the pay package contained errors and was unfair to Musk. Earlier this week, reports emerged suggesting his aerospace startup SpaceX may soon go public, pushing Musk past the $600 billion net worth milestone, making him the first person in history to reach this level.
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