The Mars colony isn't the only condition. The same 200 million share award also requires SpaceX to reach a market valuation of $7.5 trillion — more than four times the $1.75 tri

Elon Musk's compensation is now directly tied to establishing a permanent Mars colony of one million people, with SpaceX's board approving a massive stock award contingent on this unprecedented feat.

SpaceX's board approved a massive compensation plan for Elon Musk tied to colonising Mars and operating orbital data centres.

When Elon Musk founded SpaceX (which is currently one of the most valuable private companies in the world), he did so with the dream of setting up colonies on Mars. A lofty goal, mostly because we've really only sent rovers to take pictures of mars.

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