SpaceX Grants Musk 1 Billion Shares Contingent on Mars Colony With 1M Residents

GateNews
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According to SpaceX filings reported by Guru Club, the company granted CEO Elon Musk a billion-share incentive package in January contingent on establishing a permanent Mars colony with at least 1 million residents. The shares also require SpaceX to reach a $7.5 trillion valuation. In March, SpaceX awarded Musk an additional 302.1 million shares tied to building off-Earth data centers and hitting twelve valuation milestones, including a $6.6 trillion company valuation. Musk must remain employed at SpaceX to unlock either tranche. Separately, Tesla shareholders approved a separate compensation package for Musk potentially valued at $1 trillion, contingent on achieving company-specific targets.
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