The Delaware Supreme Court recently made a major reversal. They reinstated the Tesla stock option plan that was revoked last year, which is valued at $139 billion. This directly caused Elon Musk's net worth to soar to $749 billion last Friday.
It's quite outrageous. The original compensation plan in 2018 was worth $56 billion, and it was dismissed two years ago by a lower court as "ridiculous." But this time, the Supreme Court changed its stance, saying that the revocation decision in 2024 was problematic and unfair to Musk.
This move is essentially the court clearing Musk's name. The net worth figures immediately shot up. Interestingly, such large asset fluctuations still cause quite a stir in the market—after all, the amounts involved are significant.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
3
Repost
Share
Comment
0/400
gas_fee_therapist
· 11h ago
139 billion dollars just turned around like that? The court really nailed it this time
---
Musk won big, we continue to eat dust
---
The absurdity is comparable to gas fees, hard to understand
---
This reversal intensity is more thrilling than any Candlestick I've ever seen
---
A tycoon is a tycoon, and the law truly serves them
---
Clearing injustices? I see it more like a change of judge and a change of statement
---
139 billion appearing out of thin air, this is the joy of the rich
---
TSL's compensation plan is really way out of line
---
I'm not surprised by the court's change of statement, but this number is indeed shocking
---
Speaking of which, how much impact can this money have on the current crypto market?
View OriginalReply0
OnChain_Detective
· 12-21 01:54
ngl this smells off... 139B in options just materialized outta nowhere? let me pull the data real quick - pattern analysis suggests massive wealth concentration event, flagged immediately. suspicious activity detected fr fr, when court decisions flip like this you gotta ask WHO benefits and WHERE's the actual economic value... not financial advice but always DYOR on these magnitude shifts
Reply0
4am_degen
· 12-21 01:52
Wow, 139 billion, how did it come back so strongly? The court's move is absolutely brilliant.
The Delaware Supreme Court recently made a major reversal. They reinstated the Tesla stock option plan that was revoked last year, which is valued at $139 billion. This directly caused Elon Musk's net worth to soar to $749 billion last Friday.
It's quite outrageous. The original compensation plan in 2018 was worth $56 billion, and it was dismissed two years ago by a lower court as "ridiculous." But this time, the Supreme Court changed its stance, saying that the revocation decision in 2024 was problematic and unfair to Musk.
This move is essentially the court clearing Musk's name. The net worth figures immediately shot up. Interestingly, such large asset fluctuations still cause quite a stir in the market—after all, the amounts involved are significant.