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Global Business News

The Economic Times

Global Business / The Economic Times

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Musks pay goes interplanetary as SpaceX links compensation to Mars goal

SpaceX's board has approved a groundbreaking pay package for founder Elon Musk. This plan links his compensation to extraordinary future achievements. These include establishing a permanent human colony on Mars and operating massive data centers in space. These ambitious targets are designed to align with SpaceX's long-term vision. The company is preparing for a potential initial public offering.

28 Apr 2026 3:35 pm