# SpaceX's board has approved a compensation plan for founder Elon Musk with goals as futuristic and celestial as the company's ambitions.

*aerospace · news · 2026-04-28 · Newsmax*

## Key points

- SpaceX's new compensation plan grants Elon Musk 200 million super-voting shares if he establishes a Mars colony of 1 million people.
- Musk can earn 60.4 million restricted shares if SpaceX operates space-based data centers delivering 100 terawatts compute capacity.
- All equity awards require SpaceX to hit a $7.5 trillion valuation, with no preset timeline except Musk's continued employment.
- These pay plan details, including unprecedented Mars and space data center goals, were recently revealed in a confidential SEC filing.

**Companies:** SpaceX, Tesla
**Countries:** United States

[Read the full story on Newsmax](https://www.newsmax.com/finance/streettalk/spacex-elon-musk-7-5-trillion-market-valuation/2026/04/28/id/1254439/)

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