Elon Musk Could Get a $165 Billion Payday, But There’s Just One Problem: Traders Say It’s Never Going to Happen Quick Read – SpaceX’s $165 billion Musk grant vests only when a million people live on Mars; SPCX has already fallen 7% since its June IPO. – Musk’s 2018 Tesla options…
oduced $116 billion in gains, the largest equity event in history, even as TSLA trades 10% below its year-start price. – Prediction market traders give SpaceX under 20% odds of sending humans to Mars by 2030, far short of the million-person colony required for vesting. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SpaceX didn’t make the cut. Grab the names FREE today
SpaceX’s executive compensation filing reads unlike anything in the history of SEC paperwork. The word “Mars” appears 63 times, including inside the formal executive compensation section, and the document contains a quote from Isaac Asimov. Reporters who reviewed it noted no real precedent in the history of executive compensation.
The legal condition for CEO Elon Musk’s payday is a permanent human colony on Mars with at least 1 million inhabitants. The $165 Billion Structure The SpaceX (NASDAQ:SPCX) board granted Musk 1 billion restricted shares of Class B common stock, on top of his existing stake of roughly 5 billion shares worth about $825 billion. The package is worth about $165 billion at the SpaceX share price referenced in the filing.