SpaceX Sets Unusual Performance Targets for Elon Musk, Including Building a City on Mars

SpaceX has set unusual performance targets for Elon Musk, including building a city on Mars and establishing a permanent human settlement with at least one million residents, in exchange for a large stock award. The targets are part of a confidential SEC filing and are tied to a $7.5 trillion valuation and other ambitious milestones. The plan has no set deadline and remains open-ended as long as Musk remains with the company.

By Surbhi Jain Thu, April 30, 2026 at 1:01 PM GMT+3 3 min read · Yahoo Finance ·

SpaceX Sets Unusual Performance Targets for Elon Musk, Including Building a City on Mars

Topics: Elon Musk Mars colonization SEC filing SpaceX Stock awards

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