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Analysis-SpaceX ties Musk compensation to Mars colonization goal
SpaceX's board has approved a compensation plan for founder Elon Musk with goals as futuristic and celestial as the company's ambitions: colonizing Mars and running data centers in outer space. The details of Musk's sweeping pay package, which have not been widely reported, were revealed in the βcompany's confidential registration statement filed in recent weeks with the Securities and Exchange Commission and reviewed by Reuters last week. The lofty rewards dangled for Musk by SpaceX βshow the challenge of holding the attention of the serial entrepreneur as he prepares to take the rocket maker public.
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