SpaceX ties Musk compensation to Mars colonisation goal
SpaceX has linked Elon Musk's compensation to ambitious goals of establishing a permanent human colony on Mars and operating data centers in space. If successful, Musk could receive 200 million in super-voting shares, contingent on achieving a market value of $7.5 trillion. This compensation plan reflects the challenges of keeping Musk engaged as he prepares for a potential initial public offering.
- ▪Elon Musk will receive 200 million in super-voting restricted shares if SpaceX establishes a permanent human colony on Mars.
- ▪The compensation plan includes additional shares if SpaceX meets valuation goals and operates data centers in space.
- ▪Musk's current salary from SpaceX is $54,080 per year, and he has not received shares unless the company meets its targets.
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SpaceX ties Musk compensation to Mars colonisation goalSign up now: Get ST's newsletters delivered to your inboxSpaceX founder Elon Musk will receive 200 million in super-voting restricted shares if SpaceX establishes a permanent human colony on Mars.PHOTO: REUTERSPublished Apr 28, 2026, 06:28 PMUpdated Apr 28, 2026, 09:50 PMListenSpaceX’s board has approved a compensation plan for founder Elon Musk with goals as futuristic and celestial as the company’s ambitions: colonising Mars and running data centres in outer space.The details of Mr Musk’s sweeping pay package, which have not been widely reported, were revealed in the company’s confidential registration statement filed in recent weeks with the Securities and Exchange Commission and reviewed by Reuters last week.The lofty rewards…
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