SpaceX ties Musk compensation to Mars colonisation goal

SpaceX’s board has approved a compensation plan for founder Elon Musk with goals as futuristic and celestial as the company’s ambitions: colonising Mars and running data centres in outer space.

The details of Mr Musk’s sweeping pay package, which have not been widely reported, were revealed in the company’s confidential registration statement filed in recent weeks with the Securities and Exchange Commission and reviewed by Reuters last week. READ MORE