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Elon Musk's astronomical compensation plan revealed: if SpaceX's market value reaches $7.5 trillion and a permanent human settlement of at least 1 million people is established on Mars, Musk will be granted 200 million shares of stock.
According to reports, the SpaceX board of directors has approved an unprecedented compensation plan that ties the CEO Elon Musk's pay to achieving future goals, including Mars colonization and the construction of space data centers.
It is reported that SpaceX disclosed this compensation plan in a confidential registration document recently submitted to the U.S. Securities and Exchange Commission (SEC), with few details previously reported.
Here, we won't discuss whether Musk's Mars colonization plan can be realized within his lifetime; I think what we need to understand more is why American investors would openly include such goals in incentive plans. In any country outside the U.S., such unrealistic goals are just talk and wouldn't be taken seriously. Maybe this is the reason Musk has succeeded in the U.S.
Some people think it's impossible to send 1 million people to Mars via rockets, but from another perspective, what if we send 1 million sperm and eggs instead? Maybe one rocket would be enough, after all, you usually launch 40 million to hundreds of millions of sperm in a single shot. Perhaps Musk will invent artificial wombs—who knows? So, anything is possible. After all, historical experience tells us that most of Musk's bold claims have come true. $DOGE
{spot}(DOGEUSDT)