Elon Musk Set to Become Even Wealthier If He Can Send 1 Million Humans to Mars
Elon Musk’s wealth could grow substantially. The individual with a net worth of $815.6 billion (approximately Rp 14,173 trillion) according to Forbes is promised a significant bonus if he realises the initiative to establish a human civilisation on Mars.
SpaceX’s board of directors, the company owned by Musk, has promised compensation in the form of 200 million restricted shares to Musk, but only if he manages to send one million humans to live permanently on the planet Mars.
Not only that, Musk must also increase SpaceX’s valuation to $7.5 trillion or equivalent to Rp 130,237 trillion. This figure is far beyond the valuation target for SpaceX’s initial public offering (IPO) in the future.
In addition to the 200 million restricted shares, Musk could potentially receive another 60.4 million restricted shares if SpaceX succeeds in operating a space-based data centre with a computing capacity of 100 terawatts.
Gathered from Crypto Briefing, the power required for that is equivalent to 100,000 one-gigawatt nuclear reactors operating at full capacity simultaneously.
All these fantastically valuable bonus promises can only be obtained if Musk successfully meets the conditions of each established target.
The share awards will also be granted in stages along with the growth in SpaceX’s valuation. These compensation promises are not bound by a specific deadline.
This ambitious bonus enticement was revealed in secret documents submitted by SpaceX to the United States Securities and Exchange Commission (SEC), as gathered by KompasTekno from Reuters.
The compensation plan also briefly emerged in public when SpaceX submitted initial registration documents to US market regulators to apply for an initial public offering (IPO).
Regarding the IPO, the hoped-for valuation target is touted to be the largest in the history of the global capital market.
That figure even far exceeds the previous IPO record held by Saudi Arabia’s oil and gas company, Saudi Aramco, with a value of around $29 billion (approximately Rp 490 trillion) in 2019.
This IPO is also expected to be the first in a wave of “mega IPOs” from the technology sector in 2026, followed by AI companies OpenAI and Anthropic, which have similar plans.