Home » Business » Annexed Twitter Rp 618 T, this is Elon Musk’s daily income

Annexed Twitter Rp 618 T, this is Elon Musk’s daily income

Jakarta, CNBC Indonesia The richest person on Earth according to Forbes, Elon Musk is the talk of many parties. The reason, he intends to take over the shares of social media Twitter.

In a proposal submitted to Twitter’s board of directors, Elon Musk offered funds of US$43 billion or equivalent to Rp. 618 trillion (assuming Rp. 14,300/US$) to annex Twitter. He is also considering the tender offer process or direct purchase of public investors’ shares, as quoted from CNBC International, Friday (22/4/2022).

So, how much does Elon Musk earn per day?

Elon Musk is the founder and CEO of electric car maker Tesla Inc. He is included in the board of directors of technology companies who are paid US $ 1 per month. However, his needs are financed by the company. He gets a big bonus from the company’s success in achieving the targets that have been set.

According to the Bloomberg Pay Index, Elon Musk is the CEO with the highest paying 2020. In that year, the South African-born man was paid $6.7 billion in shares and option awards because Tesla’s stock price rose high.

Bloomberg notes that so far Elon Musk has earned $33 billion on paper (unrealized) from his option awards.

Option awards are options to buy stock at a certain price, usually below market price, for a certain period. This is obtained if employees meet the targets set by the company.

Elon Musk will also get a bonus of US $ 23 billion after Tesla managed to record high net profits and share prices continue to increase and benefit investors.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.