Elon Musk won't get paid his new SpaceX bonus until 1 million people move to Mars, according to SpaceX's long‑awaited IPO prospectus filed in the US, which ties the largest pay package in corporate history to the company reaching a $7.5 trillion valuation and helping establish a permanent human colony on Mars of at least one million people.
The new filing is the first detailed look at how Musk plans to fuse his rocket company with his AI start‑up xAI and social media platform X, which he controversially rolled into SpaceX three months before the IPO paperwork was lodged. That internal merger valued SpaceX at $1 trillion and xAI at $250 billion, creating a hybrid business that looked, even to some on Wall Street, like a stitched‑together experiment in empire‑building.
