SpaceX ties Musk compensation to Mars colonization goal
SpaceX has linked Elon Musk's compensation to ambitious goals of establishing a permanent human colony on Mars. Musk will receive 200 million in super-voting restricted shares if these goals are met, alongside other performance-based rewards. This compensation plan reflects the challenges of keeping Musk focused on both SpaceX and Tesla as they compete for his attention.
- ▪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 rewards for operating space data centres with significant compute capacity.
- ▪Musk's pay package is tied to lofty valuation targets, with no shares awarded if these targets are not met.
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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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