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SpaceX ties Elon Musk pay to Mars colony and space data centers in bold new deal
International
Published on 28 April 2026
Pay hinges on a permanent Mars colony plus space data centers
SpaceX’s board has approved a new compensation plan for Elon Musk that links his pay to major, hard-to-reach milestones. The targets include creating a permanent human colony on Mars and running large data centers in space, aligning incentives with the company’s long-term vision. The announcement also signals SpaceX is weighing an initial public offering.
- Musk’s compensation is now tied to future performance milestones
- Goals include a permanent human colony on Mars
- The deal also rewards operating large space-based data centers
- SpaceX is reportedly preparing for a potential IPO
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times