Musk’s $1T Tesla pay package could spur Tesla-SpaceX merger talks

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A Wall Street Journal report reveals that Elon Musk has a clause in his $1 trillion Tesla pay package that could accelerate his stock payout in case of a change in control at the company, including a merger with SpaceX. This clause removes operational milestones, keeping only valuation thresholds in play. Markets currently price a 17.5% probability of a merger announcement by year-end, slightly down from 18% the previous week. No official announcement has been made by Tesla or SpaceX regarding a merger plan, but speculation continues around the potential strategic benefits of such a deal.

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