Led by Elon Musk, C.E.O. Pay Heads Toward the Stars

Even among the nation’s best-paid corporate chiefs, Elon Musk stands alone. His compensation last year was a mind-boggling $132.3 billion. That’s not just 2.5 million times what the typical Tesla employee made; it’s 153 times the compensation of the second-highest paid chief executive.

Dylan Field, who heads Figma, an online design platform, was runner-up to Mr. Musk in the rankings. But in terms of wealth created, he was way behind. His pay, $864.4 million, was a mere rounding error for Mr. Musk. READ MORE

Musk Could Receive Up to $760 Billion in SpaceX Compensation

Elon Musk stands to receive one of the largest compensation packages ever proposed if SpaceX achieves a series of ambitious financial and operational milestones, according to the company’s recent S-1 filing.

The package consists of two separate equity awards that together could grant Musk more than 1.3 billion shares. At the highest valuation targets, the awards could be worth approximately $760 billion. READ MORE

Elon’s Shocking $56 Billion Yearly Pay: Is It Too Much?

Elon Musk, the CEO of Tesla, has recently faced another legal setback regarding his massive compensation plan. Judge Kathaleen St. J. McCormick of the Delaware Court of Chancery upheld her previous decision from January to cancel the $56 billion package awarded in 2018. Despite a second shareholder vote in June to reinstate it, the judge ruled that the initial process was “deeply flawed” and that the subsequent vote did not rectify these issues. READ MORE

Elon Musk won’t get his $55 billion pay package after all

Elon Musk isn’t going to get that $55 billion pay package after all, a Delaware Chancery Court judge has ruled.

Tesla shareholders approved the package in 2018, which gave Musk incentive to hit specific milestones, including a market valuation of $650 billion, which was more than 10 times the valuation at the time. The trial hinged on a specific question: did Musk mislead the shareholders when he gave them the plan? READ MORE