Elon Emails

Twitter will keep granting stock, SpaceX-style

From:
Elon Musk
Date:
November 14, 2022 (Date of CNBC report; exact send date not given)
To:
Twitter employees
Even though Twitter is now a private company we absolutely will continue to provide stock and options as part of our ongoing compensation plan. The stock plan will be much like that of SpaceX, which has been very successful. As with SpaceX, exceptional amounts of stock will be awarded for exceptional performance. Thanks, Elon

About this email

Musk assures staff that although Twitter is now private it will keep granting stock and options under a plan modeled on SpaceX's, with exceptional awards for exceptional performance.

Where it came from

Leaked to press; attribution widely reported.

Twitter/X, company-wide memo. Tags: compensation, stock-options, spacex