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International Business Times UK

Technology

Brian Yalung

SpaceX Gives Elon Musk the Biggest Pay Package in History — $600 Billion Bonus Tied to Two Wild Conditions

Elon Musk SpaceX X Mars

Elon Musk remains focused on SpaceX’s long-term Mars ambitions. (Credit: Steve Jurvetson | Wikimedia Commons)

If things fall into place, Elon Musk could receive the biggest pay package in corporate history under a new structure tied to SpaceX. However, the proposed compensation is contingent on two extraordinary conditions that must first be met.

The two milestones that must be satisfied are reaching a $7.5 trillion market capitalisation and establishing a permanent human colony on Mars with at least one million inhabitants on the Red Planet, according to Fortune.

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