DOS
552 posts








@ThomasAlxDmy You don’t seem to understand that SpaceX will be worth more than the rest of Earth if we accomplish our goals


















$IREN granting 9 million RSUs to both Dan and Will Roberts. 18M shares total, worth around $780M at today’s price. Let me be honest: this is a lot, and not defendable. What also bothers me is the structure. No performance conditions. No ARR targets, no TSR hurdles. Just timebased vesting over 4 years plus a 2 year holding period. For a company executing the biggest transformation in its history, I would have expected the board to tie this to actual delivery. «The positives»: the 6 year combined vesting/holding period aligns them long term, and there will be no additional grants until FY2031. So this is it, the full compensation package for the next 5 years. This doesn’t change my long-term view on the company. The Roberts brothers have built/building something remarkable, and the NVIDIA contract/partnership speaks for the potential of the company. But this was excessive, and I be following how it plays out going forward. @mikealfred why is there no targets for the RSU’s, and why is it so big? Think longterm shareholders like myself would appreciate a comment.









