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Elon Musk secures a record-breaking $116 billion in compensation
BlockBeats News: June 20. According to a new filing from the U.S. Securities and Exchange Commission (SEC), Elon Musk has exercised all rights under his 2018 Tesla CEO compensation plan, obtaining 304 million shares, with an on-paper gain of approximately $11.6 billion (about RMB 780 billion).
However, the aforementioned shares will be locked until 2028. Only then will Musk be able to sell these shares.