Elon Musk Given Target of Rp 130.496 Trillion, Bring 1 Million People to Mars

SpaceX is preparing a jumbo compensation scheme for its founder, Elon Musk, with targets including bringing humans to Mars and building a permanent colony of 1 million people. Based on company documents filed with the Securities and Exchange Commission, Musk is promised up to hundreds of millions of shares with super-voting rights if he meets several extreme targets, including pushing SpaceX’s valuation beyond US$7.5 trillion (Rp 130.496 trillion). Not only that, Musk could also obtain an additional tens of millions of shares if SpaceX manages to operate a data centre in space with computing capacity reaching 100 terawatts, a figure equivalent to tens of thousands of nuclear reactors operating simultaneously. However, Musk will receive no shares if the valuation target is not achieved. Since 2019, he has only received an annual salary of US$54,080 (Rp 941 million) from SpaceX. The value of this compensation package cannot yet be determined because SpaceX remains a private company. SpaceX is targeting an initial public offering (IPO) around Musk’s birthday on 28 June, with a company valuation of around US$1.75 trillion (Rp 30.450 trillion), according to a Reuters report cited on Tuesday (5/5/2026). Executive compensation expert Eric Hoffmann from Farient Advisors said he has never seen a similar compensation package in any other company. “I’m not a physicist or astronomer, so I don’t even know where to start. The measure is, has this ever been done in human history? The answer is no. So this is difficult,” Hoffmann stated. He assessed that this scheme reflects the challenge of maintaining Musk’s focus, who also leads Tesla. Indeed, there are indications of competition between the two companies in vying for the billionaire’s attention.