tal
2026-04-01T22:01:34Z

Elon Musk's xAI and SpaceX merged in February, valuing the company at over $1.25 trillion. SpaceX is now preparing for an initial public offering (IPO).

One of the things that Musk has to do to get his trillion dollar pay package fully paid out from Tesla as CEO is to crank up Tesla's market capitalization. Many people, including myself, would say that this is a pretty wildly unreasonable payout, that Musk, via the aid of a friendly board, is transferring a lot of shareholder assets to himself that a company acting in the interests of its shareholders probably would not. I've wondered if this is a gyration to advance that.

forbes.com/sites/siladityaray/…

Elon Musk Threatened To Quit Tesla Before $1 Trillion Compensation Deal
To receive his full compensation reward, Musk will need to meet the ambitious goal of raising Tesla’s market cap from around $1 trillion at present to $8.5 trillion within a ten-year period.