Elon Musk says X staff can get their stock — if they prove they deserve it


Elon Musk sent an email to X staff overnight about their much anticipated stock grants — but there’s a catch.
In an email to staff viewed by The Verge, the company is planning to award stock options based on the anticipated future impact of employees. That means staff have to submit a one-page summary telling leadership their contributions to the company.
These anticipated stock grants add to the tensions between X leadership and staff after the promotions process was recently delayed without explanation, we previously reported. Given how the company formerly called Twitter has continued to struggle under Elon Musk’s ownership, employees have been bracing for more layoffs.
You Might Also Like
Thinking Machines Lab co-founder Andrew Tulloch heads to Meta
Thinking Machines Lab, the AI startup led by former OpenAI CTO Mira Murati, has lost one of its co-founders to...
OpenAI’s Nick Turley on transforming ChatGPT into an operating system
When Nick Turley joined OpenAI in 2022 as the head of ChatGPT, he was tasked with commercializing the company’s research....
Suspect arrested after threats against TikTok’s Culver City headquarters
Police say they have arrested a suspect allegedly connected to multiple online threats that led TikTok to evacuate its headquarters...
Department of Energy cancels $7.5B of clean energy projects in mostly blue states
The Department of Energy said Wednesday night it was canceling 321 awards worth $7.56 billion that were largely focused on...