BREAKING: SpaceX's board has approved a new compensation package for Elon Musk ahead of its record-setting IPO.
The package includes:
1. 200 million super-voting shares if SpaceX hits a $7.5 trillion valuation and establishes a permanent Mars colony with at least 1 million people
2. Additional 60.4 million shares if SpaceX reaches certain valuation goals and operates data centers in space delivering 100 terawatts of compute
3. Elon Musk will not receive a single share if the company fails to reach the board's valuation targets
Elon Musk has received a salary from SpaceX of $54,080 per year since 2019.
A mind blowing stat:
Jerry Buss bought the Lakers for $67M in 1979, and just exited for 149 times his money at $10B in 2025
Sounds like a lot, right?
That is somehow less than he would have made simply indexing the S&P 500 over that time period ($13B)
Guy on WallStreetBets has $1M+ in trading losses this year and is looking to marry someone with $1M+ in capital gains…
They will offset and split the savings.
I love this country.
The world has a 0.1% allocation to #Bitcoin
Another way to think about this:
1% of the world has a 10% allocation.
99% of the world still has a 0% allocation.
It's still so early for Bitcoin.