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

4 months ago 44

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If you privation your money, you person to constitute a 1 leafage papers explaining why.

By Kylie Robison, a elder AI newsman moving with The Verge's argumentation and tech teams. She antecedently worked astatine Fortune Magazine and Business Insider.

Aug 23, 2024, 3:39 PM UTC

Photo collage of Elon Musk.

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

Elon Musk sent an email to X unit overnight astir their overmuch anticipated banal grants — but there’s a catch.

In an email to unit viewed by The Verge, the institution is readying to grant banal options based connected the anticipated aboriginal interaction of employees. That means unit person to taxable a one-page summary telling enactment their contributions to the company.

These anticipated banal grants adhd to the tensions betwixt X enactment and unit aft the promotions process was precocious delayed without explanation, we antecedently reported. Given however the institution formerly called Twitter has continued to conflict nether Elon Musk’s ownership, employees person been bracing for much layoffs.

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