Elon Musk's X Staff Must Prove Their Worth for Stock Grants

• Elon Musk emailed X staff about stock grants, but they must prove their worth.
• Employees need to submit a one-page summary of their contributions to get stock options.
• Tensions rise as promotions were delayed and layoffs loom under Musk's ownership.
• X still owes staff their annual equity refresher, initially promised for April.
• Last stock refresh in October 2023 valued X at $19 billion, down from Musk's $44 billion purchase.

Source: The Verge