SpaceX ties Elon Musk paycheck to Mars city, $7.5T valuation

Musk compensation tied to restricted shares

Musk's new deal isn't about cash: it's mostly restricted shares that only pay out if SpaceX hits huge milestones. He could lose them all if targets aren't met.
The setup also highlights the friendly rivalry between SpaceX and Tesla for Musk's attention as he juggles leading both companies into the future of tech and space exploration.