Tesla Inc CEO Elon Musk clarified how Twitter Inc employees would receive compensation and benefits after his takeover of the social media platform.
What Happened
Musk interacted with Twitter employees on Thursday. He was asked how he compensates employees at privately held SpaceX and what approach he plans to take at Twitter after he closes his deal, according to a transcript of the interaction published by Vox.
Musk said that SpaceX “operates in the best of both worlds,” where stock and options are issued to everyone.
The entrepreneur said SpaceX allows liquidity to its employees every six months, and employees can sell their shares at an event….