00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elon Musk's potential $1 trillion
00:05The Worker Pay package underscores the sharp rise in CEO compensation.
00:10The growth has lagged and shareholder returns remain mixed.
00:13According to multiple studies cited
00:15in the report,
00:16Musk, already worth more than $660 billion,
00:20Musk saw his 2018 Tesla Pay package valued at over $130 billion
00:25and reinstated in December.
00:26While a potential SpaceX public offering in 2026
00:30could further boost his wealth.
00:31The new package would pay out entirely in stock over the next year
00:35and includes no salary.
00:37Broader data show top CEO Pay rose $1,000
00:40and 94% over 50 years compared with a 26% increase for
00:45typical workers.
00:46S&P 500 CEOs earned a median $17.1 million
00:50in 2024.
00:51CEO Pay has accelerated as companies rely more heavily
00:55on stock awards to incentivize executives.
00:58Stock-based incentives made up 72%
01:00of CEO compensation in 2024 and the median value of those awards rose
01:0515% that year, according to Equilar.
01:08For all things money, visit Benzinga.com.
01:10For more information, visit Benzinga.com
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