SpaceX Ties Musk’s 200 Million-Share Award to Mars Colony and $7.5 Trillion Valuation

American aerospace manufacturer SpaceX has approved a fresh compensation package for its founder, Elon Musk. The plan, disclosed in a confidential US Securities and Exchange Commission (SEC) filing, highlights one of the most ambitious pay structures in corporate history. What Will Elon Musk Get in SpaceX’s New Pay Package? According to Reuters, the board approved the package in January 2026, granting Musk up to 200 million super-voting restricted shares. The tranche unlocks only when SpaceX reaches a $7.5 trillion market capitalization and a permanent settlement of 1 million residents on Mars. A separate tranche awards up to 60.4 million restricted shares. This is contingent on the company meeting separate valuation targets and operating space-based data centers with at least 100 terawatts of compute capacity. “Both awards come with super-voting Class B restricted stock, ​which carries 10 votes to every 1 Class A share, and vest in tranches as the company’s value rises,” the report read. Should Musk fall short of the targets, he receives no shares. These carry no fixed timeline other than his continued employment at the company. Musk’s base salary remains at $54,080 per year, unchanged since 2019. Follow us on X to get the latest news as it happens This is incredible:Elon Musk will receive 200 million super-voting shares in SpaceX ONLY IF the company establishes a permanent Mars colony with at least 1 million people.In other words, Elon Musk will only receive this pay package if 1 million people live on Mars.In other… pic.twitter.com/S05S1lhSnd— The Kobeissi Letter (@KobeissiLetter) April 29, 2026 Interestingly, SpaceX’s IPO filing also indicates that Elon Musk will retain control over his leadership position. “The filing states that Musk ‘can only be removed from our board or these positions by the vote of Class B holders’ – super-voting shares with ten ​votes apiece that he will control after the IPO, making his removal effectively a self-vote. If he ‘retains ...