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Elon Musk Demands X Employees Justify Stock Options with Performance Memos

Staff face uncertainty over stock grants and office relocation as Musk's promises remain unfulfilled.

  • Employees must submit a one-page summary of their contributions to qualify for stock options.
  • The last stock refresh valued X at $19 billion, down from $44 billion when Musk acquired it.
  • Staff are skeptical due to previous unfulfilled promises of stock grants and severance pay.
  • CEO Linda Yaccarino announced the closure of X's San Francisco headquarters with no clear relocation details.
  • An Irish court awarded a former X employee over $600,000 for unfair dismissal after Musk's takeover.
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