Musk’s pay under a SpaceX-Tesla merger: voting control, but no $1 trillion payday

Elon Musk’s recent super-sized pay packages at SpaceX (SPCX.O), opens new tab and Tesla (TSLA.O), opens new tab were centered on some eye-popping goals: creating a 1 million-person human colony on Mars, putting a million robotaxis on the road and selling a million humanoid robots.

A merger combining Musk’s trillion-dollar rocket and electric vehicle firms would mean he might not ever need to meet those ​lofty targets to achieve his ultimate goal: control over his corporate empire.