What Can Elon Musk Do With $1 Trillion?
Tesla shareholders have made history by approving a pay package for Elon Musk that sets him on course to become the world’s first trillionaire. This astonishing sum surpasses the GDP of countries such as the Netherlands, Saudi Arabia, and Switzerland.
The figure is $1 trillion—one followed by 12 zeros—and it represents Musk’s new compensation package after shareholders overwhelmingly approved the plan.
Details of the Pay Package
On Thursday, November 6, over 75% of Tesla shareholders voted in favor of the $1 trillion compensation plan for CEO Elon Musk, making it the largest corporate payout ever approved.
Reactions and Implications
The approval took place in Austin, Texas, where Tesla shareholders enthusiastically supported their CEO amidst chants of “Elon, Elon.”
“I’d like to just give a heartfelt thanks to everyone who supported the shareholder votes. I super-appreciate it.”
Celebrating with the company’s Optimus robots, Musk said:
“What we’re about to embark upon is not merely a new chapter of the future of Tesla, but a whole new book. Other shareholder meetings are snoozefests but ours are bangers. This is sick.”
What Could $1 Trillion Buy?
- It’s enough to eliminate world hunger globally.
- Alternatively, it could purchase around 2,000 superyachts.
Such potential spending highlights the unprecedented scale of this compensation.
Author’s Summary: Elon Musk’s historic $1 trillion compensation marks the largest corporate payout ever, setting the stage for him to become the world’s first trillionaire with vast purchasing power and influence.