Updated By Faith Barbara N Ruhinda at 1545 EAT on Friday 5 September 2025

Elon Musk could become the world’s first trillionaire if Tesla shareholders approve a new compensation proposal that would award him an unprecedented sum—contingent on the company hitting a series of ambitious performance targets.

The proposed pay package would grant Musk up to 423.7 million additional Tesla shares, which would be worth approximately $143.5 billion at current market value.

However, Musk would receive the full allotment of shares only if Tesla’s market value rises dramatically in the coming years. The company’s total market capitalization would need to reach $8.5 trillion for Musk to unlock the entire pay package — a figure that far exceeds Tesla’s current valuation of $1.1 trillion, and is roughly twice the market cap of Nvidia (NVDA), currently the most valuable publicly traded company.

According to a proxy statement reviewed by CNN, Tesla has included a shareholder proposal suggesting the company take a stake in xAI, Elon Musk’s privately held artificial intelligence startup. If approved, the move could further consolidate Musk’s growing tech empire.

xAI recently acquired X — the social media platform formerly known as Twitter — which Musk purchased in 2022 for $44 billion of his own funds.

Tesla’s board did not take a formal position on the xAI proposal, which lacks specific details, including how large a stake Tesla would acquire or at what valuation.

Tesla (TSLA) shares edged higher in premarket trading following the announcement.

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