Elon Musk’s Bold Challenge: X Staff Must Prove Their Worth to Earn Stock Rewards!

 If you want your stock, you have to write a one-page document explaining why.

Photo collage of Elon Musk.

Image: Cath Virginia / The Verge | Photo by STR / NurPhoto, Getty Images

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 impact of employees. That means staff have to submit a one-page summary telling leadership their contributions to the company in order to get their stock.

These long-awaited 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.

What’s more, a source at X told The Verge that the company still owes staff their annual equity refresher, which was supposed to be doled out in April. Musk previously assured employees that they could regularly cash out stock, similar to SpaceX staff, according to two employees. However, he has not yet followed through on this promise.

The most recent stock refresh for X employees was in October 2023, valuing the company at $19 billion — significantly less than the $44 billion Musk paid for it. During this refresh, employees received RSUs at a share price of $45, I previously reported.

Related Posts

One M.u.rder Isn’t Enough… The Hunting Wives Season 2 Returns Sept 15 With Secrets That Will Blow Your Mind 💥🌙

Get ready to dive back into the sultry, scandal-soaked world of The Hunting Wives! 🚨 Season 2 of Netflix’s steamiest thriller hits screens on September 15, 2026,…

The Desert Keeps Its Secrets… Until Now. Dark Winds Season 4 Brings More Murder, More Betrayal, and More Twists Than Ever 🌵⚡

The desert is whispering again, and its secrets are darker than ever. Dark Winds, AMC’s critically acclaimed Navajo crime thriller, returns in 2026 for its fourth season,…

Wealth Can’t Buy Love: Zuckerberg Family’s Heartwarming Baking Bonding Melts Hearts!

In a touching display of family warmth, Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, shared a delightful baking session with their three daughters—Maxima, August, and…

Elon Musk’s $1 Trillion Tesla Pay Package Proposal Sparks Outrage and Ambition!

Elon Musk, the world’s richest man, is at the center of a firestorm after Tesla’s board proposed a staggering $1 trillion compensation package, announced on September 5,…

He’s a Star of ‘Sullivan’s Crossing’… But Chad Michael Murray’s Most Romantic Role Is at Home — The One Unexpected Thing They Do To Keep The Spark Burning ✨🔥

Chad Michael Murray, the 43-year-old heartthrob known for his iconic roles in One Tree Hill and A Cinderella Story, continues to captivate audiences with his compelling performance…

Elon Musk just built a PRIVATE wine cellar for billionaires—inside the world’s most exclusive playground.

Elon Musk has never been one to think small. From electric cars to space travel to artificial intelligence, the billionaire entrepreneur has made a career of disrupting…