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SpaceX IPO Prospectus Reveals Ties Between Elon Musk’s Pay Package to Mars Colonization
NextFin News -- SpaceX’s confidential initial public offering registration statement reveals a board-approved compensation package that ties CEO Elon Musk’s ultimate financial windfall to interplanetary colonization. The details emerged from the company’s revised SEC filing ahead of its planned Nasdaq debut.Under the incentive structure, Musk will receive 200 million super-voting restricted shares only if SpaceX reaches a $7.5 trillion market capitalization and establishes a permanent, self-sustaining Martian colony of at least one million residents. The filing also details an additional award of 60.4 million restricted shares if the aerospace company begins operating space-based data centers capable of delivering 100 terawatts of computing power.
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