Elon Musk is very interested in get to mars to demonstrate humanity’s ability to advance the space race. And also for your pocket, we are not going to fool ourselves. According to the salary package approved by the SpaceX board and recently reviewed by Reutersthe company’s CEO will receive immense incentives if two goals are met: reaching a market value of $7.5 trillion and establishing a permanent human colony on Mars with at least one million people. It’s outrageous, but the incentive is worth it.
Now that’s extra pay.. If the two aforementioned objectives are met, Elon Musk will receive 200 million in restricted shares with super voting. This means that it is not money as such, but it would give you greater sovereignty over the company’s decisions. In fact, a super vote means that each share counts as several votesinstead of just one.
A symbolic salary? Whether he reaches those goals or not, Musk already has what the company describes as a symbolic salary of $54,080 a year. It is true that in the United States this can be a relatively normal salary for qualified people and very low for a CEO. In Spain, on the other hand, the majority of the population might find it offensive that it is classified as symbolic. In any case, in this case it is the sovereignty over the company that really incentivizes the founder of the company.
The current situation. As of December 31, the CEO of SpaceX It owned 68.8 million in previously awarded Class B stock options with an exercise price of about $42 that expires in 2031. This means it has a locked-in price per share. If the market value of those shares rises, as expected, you could buy them much cheaper and then sell them, keeping all the profits. Only with 61.8 million shares is already outrageous. If it reaches the promised figure of 200 it would be an immense benefit.
Power over the council. Elon Musk he is still the head of the council that made this salary decision. Furthermore, one of its directors is your great friend Antonio Thank you. Logically, the decisions made about Elon Musk’s actions will always be a benefit for him.
What you have already earned. According to Bloombergby early 2025 Elon Musk had been able to earn $380 billion thanks to the performance of the stock value of his companies. At the end of 2025, His total fortune had already exceeded $600,000.. With all this, if he achieves his goal of colonizing Mars, this fortune will reach astronomical figures. In every sense of the word. It is true that the objectives are immense; But, since they do not have an agreed deadline, the company expects to achieve it at some point.
In fact, according to the research director of EquilateCourtney Yu, are numbers that help set expectations for investors about what the company’s goals really are. Money calls for money and, as it could not be otherwise, Elon Musk is counting on taking a very large piece of the cake.
Image | Justin Pacheco/Magnific
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