Energy Electrek 49m ago

A SpaceX/Tesla merger could trigger Musk’s $1T pay package automatically

SpaceX has a big IPO coming up, but the next step might be a merger of SpaceX and Tesla.

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SpaceX has a big IPO coming up, but the next step might be a merger of SpaceX and Tesla. And if so, it could be a backdoor to triggering Elon Musk’s trillion-dollar pay package automatically, without having to meet any of the operational milestones, thus diluting everyone’s shares without delivering on the promises that were made. more…

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