SEE HOW A TESLA-SPACEX MERGER GIVES MUSK A SHORTCUT TO HIS $1 TRILLION PAYDAY

Summary from the TLDR newsletter

The conditions for Elon Musk to receive his $1 trillion pay package at Tesla could easily be achieved if the company were acquired. There is a clause in the agreement that declares half the targets as good as accomplished if Tesla is acquired or otherwise taken over. This leaves only market-value targets to determine how many shares Musk gets. Musk has considerable say over any offer SpaceX makes for Tesla. Even a stratospheric bid would keep Musk in firm control of the combined company.