We are talking about Musk’s compensation package, approved in 2018. Previously, a lower court overturned it, calling the conditions “inexplicable,” but now the Supreme Court has declared this decision unlawful and unfair to Musk.
The rise in wealth comes just days after Musk became the first person in history to exceed $600 billion in personal wealth. This was facilitated by reports about the possible exit of his aerospace company SpaceX on the stock exchange.
The agency recalls that in November, Tesla shareholders also approved a new remuneration package for Musk, estimated at $1 trillion, which became the largest corporate remuneration in history. Investors have backed Musk's strategy to transform Tesla from an automaker into a global artificial intelligence and robotics company.
Now Musk's fortune is almost $500 billion higher than that of Google founder Larry Page, who ranks second on the list of the richest people in the world.
