SpaceX gave Musk 200M super-voting shares. It's insane.
200M super-voting shares if SpaceX hits $7.5T valuation and establishes a 1M-person Mars colony. Gets nothing if they miss.
This is what happens when one guy controls the company ahead of an IPO. The targets are absurd enough that they function as permission structure for unlimited power consolidation. He basically can't lose.
Source
x.com