Elon Musk on Tuesday shared his views on SpaceX’s reported pay package, which could be tied to the colonization of Mars and orbital datacenters.
Good Deal, Says Elon Musk
User @beffjezos quoted a post on X that shared details about the purported pay package. The user predicted what Musk’s SpaceX package could look like. “$10T if we reach Kardashev Type I,” the user shared and “$1000T if we reach Kardashev II,” they added.
Musk, responding to the user’s post, shared that the package was a “good deal” if humanity could make it to the scale of a Kardashev II civilization. However, the billionaire then shared that money might become irrelevant at that point. “Won't be using dollars for currency at that point, just mass and energy,” he said.
Musk’s Tesla Inc. (NASDAQ:TSLA) trillion-dollar pay package, which was approved by investors back in November last year, generated considerable buzz as it could make Musk the first-ever trillionaire if he can deliver on the stipulated milestones in the package.
SpaceX’s IPO
The news comes as SpaceX, in filings for its upcoming IPO targeting a $1.75 trillion valuation, shared that the company’s orbital datacenter goals, as well as plans to colonize Mars, rely on unproven technology and carry significant risks. The company also warned that its chip-building efforts could face supply chain risks.
Ross Gerber Weighs In On SpaceX-Tesla Merger
Investor Ross Gerber of Gerber Kawasaki thinks that the reported Tesla Inc. (NASDAQ:TSLA) SpaceX merger could create a Berkshire Hathaway Inc.-like (NYSE: BRK) (NYSE: BRK) company in the artificial intelligence sector.
Talks of a merger between the two have picked up in the past few days, with Wedbush Securities analyst Dan Ives reaffirming bullish sentiments on SpaceX merging with the EV maker. Ives predicted that there was an 80-90% chance that the merger could happen sometime in the first half of next year.
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