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Elon says “exceptional” performers at Twitter will be rewarded with stock options.
Like at SpaceX — another privately owned Musk company — some employees will get stock as compensation, which could be lucrative if the company ever goes public again. Here’s the memo Musk just sent to staff:
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.
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