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Musk’s $158 B Package Unveiled, Zero Payout; SpaceX IPO Planned

5/2/2026

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Summary

Story summary

Tesla disclosed Tesla CEO Elon Musk’s 2025 compensation package at $158 billion, largest ever for a corporate executive.
SpaceX announced a June IPO after merging with Musk’s startup xAI.
Tesla reported $500 million+ in 2025 revenue from Musk-run firms, $430.1 million from xAI and $143.3 million from SpaceX.
Musk earned zero 2025 compensation because Tesla missed all market-value targets.
He forfeited an interim award in April 2026 after the board reinstated his 2018 package.

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Story summary

Tesla disclosed Tesla CEO Elon Musk’s 2025 compensation package at $158 billion, largest ever for a corporate executive.
SpaceX announced a June IPO after merging with Musk’s startup xAI.
Tesla reported $500 million+ in 2025 revenue from Musk-run firms, $430.1 million from xAI and $143.3 million from SpaceX.
Musk earned zero 2025 compensation because Tesla missed all market-value targets.
He forfeited an interim award in April 2026 after the board reinstated his 2018 package.