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Fortune
Fortune
Sydney Lake

Jeff Bezos' Blue Origin is boosting employee pay to compete with SpaceX—but an advisor warns of 'golden handcuffs'

(Credit: Getty Images—Chesnot)

The space race is getting more complex. Instead of Jeff Bezos and Elon Musk just trying to one-up each other with space-related projects, they’re trying to land and secure the best talent to make that happen.

To compete with the fact that many SpaceX employees became millionaires following the company’s recent IPO, Blue Origin is reportedly rolling out a more generous equity plan after internal backlash over an older scheme that left workers holding effectively worthless options while their counterparts at SpaceX got rich, according to agreements obtained by Business Insider.

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