If SpaceX and Tesla merge, Elon Musk could end up with majority voting control of the combined company without hitting a single Mars or robotaxi target. That's the conclusion of a Reuters review of his pay plans at both companies, published on Tuesday.

SpaceX's Starbase production site at Boca Chica, Texas, with its assembly bays and tank farm beside the tidal flats, seen from a satellite in September 2023. Photo: SpaceFrom.Space / Wikimedia Commons, CC BY 2.0, modified.