Norges Bank: Musk Not Worth US$ 56 Billion

Posted on 06/10/2024


A statement out of Norges Bank Investment Management indicated the investment giant was opposed to Elon Musk’s expensive proposed compensation: “While we appreciate the significant value generated under Mr. Musk’s leadership since the grant date in 2018, we remain concerned about the total size of the award, the structure given performance triggers, dilution, and lack…

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