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Musk Secures $780 Billion Sky-High Compensation

2026-06-20 09:41

Odaily Odaily reports that according to a new filing with the U.S. Securities and Exchange Commission (SEC), Musk has exercised all rights under his 2018 Tesla CEO compensation plan, acquiring 304 million shares of stock with a paper gain of approximately $116 billion (about RMB 780 billion). However, these shares will be locked up until 2028. Only then will Musk be able to sell them. (CLS)