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.The Latest Tech News, Delivered to Your Inbox ...
SpaceX filed plans to take the company public in paperwork with the Securities and Exchange Commission, offering rare insight into the finances of the aerospace giant owned by Elon Musk, whose ...
Mars-linked payout: Musk’s new pay package vests only if SpaceX reaches a $7.5 trillion valuation and builds a permanent Mars colony of one million people. IPO scope revealed: The S-1 outlines a $28.5 ...
The Mars colony isn't the only condition. The same 200 million share award also requires SpaceX to reach a market valuation of $7.5 trillion — more than four times the $1.75 tri ...
Elon Musk's SpaceX bonus is contingent on achieving a $7.5 trillion valuation and establishing a permanent human colony on ...
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 ...
IPO filing from Elon Musk’s company reveals look at finances, cosmic ambitions and insight into tech empire’s quirks ...
Elon Musk announced a new, more realistic timeline for Starship launches toward the Red Planet. While it still sounds ambitious, the company is making progress with the world's biggest space rocket.
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 ...