New Delhi: The net worth of the worlds richest person Elon Musk has surpassed $750 billion (Rs 67.18 lakh crore). Musk has become the first person in the world to reach this net worth figure. Previously on December 16 Musks wealth had reached $600 billion (Rs 54 lakh crore). Delaware Supreme Court Ruling This increase came after a Delaware Supreme Court ruling that increased Musks $56 billion Tesla pay package to $139 billion. The Forbes Billionaires Index currently shows Musks net worth at $649 billion. This is equivalent to the total wealth of Indias top 40 richest people. Furthermore Musks wealth is greater than the combined wealth of the next richest tech billionaires in the world i.e. Larry Page with $252.6 billion Larry Ellison with $242.7 billion and Jeff Bezos with $239.4 billion. What Are The Major Factors Behind This Upsurge? The first reason is the restoration of Teslas $56 billion pay package. In 2018 Tesla granted Musk a $56 billion stock option package. In 2024 a lower court cancelled it but in December 2025 the Delaware Supreme Court reinstated it. This package is now worth $139 billion. This resulted in the biggest jump in Musks wealth exceeding $700 billion for the first time. The second factor is the SpaceX valuation reaching $800 billion. According to Reuters an internal share sale within the company valued SpaceX at $800 billion. Musk owns approximately a 42% stake in SpaceX. If the company lists on the US stock market at a valuation of $800 billion Musks stake alone could be worth more than $336 billion. The New $1 Trillion Pay Package The third and final reason is Teslas share price and the new $1 trillion pay package. The surge in Teslas share price and the approval of Musks $1 trillion pay package by shareholders in November 2025 also boosted his wealth. More than $340 billion was added to Musks wealth in 2025. He holds a 12% stake in Tesla which directly increases his wealth as the share price rises. Tesla shares have climbed 13% so far in 2025 and Musks stake in Tesla is now worth approximately $197 billion. His artificial intelligence startup xAI is also in advanced talks to raise $15 billion in new equity at a valuation of $230 billion.