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Foreign media: Musk plans to grant X stock options based on expected impact to employees

Foreign media: Musk plans to grant X stock options based on expected impact to employees

Bitget2024/08/26 12:32

Musk sent an email to X employees that the company plans to grant stock options based on employees' expected impact. Employees must submit a one-page summary telling leadership about their contributions to the company in order to receive stock. A source at X said the company still owes employees an annual equity update, which was supposed to be paid in April. According to two employees, Musk had previously assured employees that they could cash out their stock regularly, just like SpaceX employees. However, he has not yet fulfilled that promise.

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