SpaceX, Elon Musk and Mars
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Elon Musk’s SpaceX compensation plan could unlock a massive stock award if the company reaches a huge valuation and builds a million-person Mars colony.
Elon Musk's SpaceX pay package has a sci-fi-inspired compensation structure that literally requires getting humanity to another planet.
Colonizing Mars will be a prerequisite for Elon Musk's future pay package, according to the SpaceX's S1. Musk was grated 1 billion performance-based Class B shares of SpaceX -- but they will only vest upon the "establishment of a permanent human colony on Mars with at least one million inhabitants,
Musk took home $54,000 in pay last year for his role at SpaceX, but most of his compensation is made up of two massive equity packages, one of which depends on a human colony on Mars. In January, Spac
Either SpaceX's board members are just as delulu, or they're confident this goal is unachievable so they won't have to dole out the pay package.
The first four words of the phrase "the rich get richer and the poor get poorer" seem to sum up Elon Musk to a tee. Musk owns companies such as Tesla and SpaceX — or at least has a significant stake in them — and he seemingly earns thousands of ...
IPO filing from Elon Musk’s company reveals look at finances, cosmic ambitions and insight into tech empire’s quirks