SpaceX has approved a compensation plan for Elon Musk that ties massive stock awards to achieving a $7.5 trillion valuation and establishing a million-person Mars colony, as well as building orbital data centers. The plan comes as SpaceX prepares for a ...

SpaceX has tied Elon Musk’s compensation to ambitious targets including a Mars colony of one million people and space-based data centres. The details were disclosed in a confidential SEC filing reviewed by Reuters.

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SpaceX has approved an unprecedented compensation plan for Elon Musk that could grant him billions in super-voting shares if the company reaches a $7.5 trillion valuation and establishes a permanent colony of 1 million people on Mars. Additional rewards ...