Musk faces significant obstacles to a jackpot compensation package

According to a Federal Communications Commission filing in advance of the SpaceX public offering, the company has set performance targets that CEO Elon Musk must meet before he receives certain compensations. The list is, mildly speaking, breathtaking.

First, Musk will be awarded with, “200 million super-voting restrictive shares” of SpaceX. In return, he must increase the company’s valuation to $7.5 trillion and establish a million-person settlement on Mars.

Second, Musk will be awarded with a separate allocation of 60.4 billion shares if he brings SpaceX up to a separate valuation and builds his orbiting AI data center constellation capable of delivering 100 terawatts of computer power.

In other words, SpaceX proposes to make Musk more fabulously wealthy than he already is. All he has to do is to make his dreams reality and further change the history of humankind. As reports suggest, benchmarks that CEOs are required to achieve to get compensation are usually more modest, involving revenue and profit margins, relatively easy to achieve.

The question arises: Can Musk do it? He is currently in his early 50s. A man of his age might expect to live another 25 to 30 years, barring illness or misadventure. Of course, life and health extension medical advancements might add a considerable period of time for Musk to fulfill the mandate he has made for himself.

The data center constellation, which is a recent proposal by Musk, seems to be the most practical. The problem with AI data........

© The Hill