Elon Musk's Pay Package Controversy

Elon Musk's proposed $101.4 billion pay package has faced legal challenges after being rejected by a Delaware judge for the second time, citing issues of conflict and shareholder coercion. The judge emphasized that a stockholder vote alone cannot legitimize a conflicted transaction, indicating that the revised agreement still failed to address underlying concerns about its legitimacy. The case is set to be appealed, which keeps the spotlight on Musk, who remains one of the world’s wealthiest individuals despite the legal hurdles. His creations, including Tesla and SpaceX, have generated significant value, raising questions about the intersection of legality and ethics in corporate governance.