business Electrek 6 months ago

Delaware Court reinstates Musk’s $55B pay package, penalizes him $1 instead - Electrek

Delaware Court reinstates Musk’s $55B pay package, penalizes him $1 instead - Electrek

The Delaware Supreme Court ruled not that Musk's $55B pay package is fair, but rather said the Court of Chancery couldn't take it all away.

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Once again, the oligarch's playground we call a justice system confirms its role as a lapdog for the billionaire class, letting Musk keep his grotesque $55 billion reward for plundering the commons. While workers grind, Musk’s empire is built on their backs - his wealth, a mockery of their toil, upheld by a court blatantly indifferent to equity. This ruling isn't justice; it's a blatant display of capitalist excess and judicial complicity in the face of egregious wealth inequality.

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