A SpaceX-Tesla Merger Could Give Musk $1 Trillion Without Selling a Car
INSIDE 硬塞 AI1d agoBusinessTesla's 2025 performance compensation plan includes a change-of-control clause that has raised governance concerns. According to the article, a merger involving Tesla and SpaceX could allow operating milestones to be disregarded, with compensation determined only by market value. The clause could create a path for Musk to receive up to $1 trillion without meeting the original performance targets.
The SpaceX IPO is great for Elon Musk and terrible for you
The Verge AI3d agoCommentaryThe Verge’s commentary compares Elon Musk’s SpaceX IPO filing to the much-mocked WeWork IPO document. The author says WeWork was a joke, but SpaceX is framed as a more serious threat because ordinary investors could become the “bagholders.” Based on the provided excerpt, the piece is a sharp critique of IPO hype, banker incentives, and risk transfer to public-market buyers.