Elon Musk's Net Worth Hits $749 Billion, First to Exceed $700B; Surpasses Next 3 Richest

• Elon Musk's net worth surged to $749 billion, making him the first individual to exceed $700 billion.
• His wealth now surpasses the combined net worth of the next three richest people: Larry Page, Larry Ellison, and Jeff Bezos.
• The significant jump followed the Delaware Supreme Court's reinstatement of his Tesla compensation package, valued at $139 billion.
• Musk's fortune is heavily tied to company performance, with SpaceX's increased valuation and his stake in xAI Holdings contributing substantially.
• SpaceX's valuation rose to $800 billion, with a potential IPO targeting $1.5 trillion, making Musk's $336 billion stake his most valuable asset.

Why It Matters: Elon Musk sets new wealth record at $749 billion, driven by Tesla options and SpaceX valuation.