Elon exercised his remaining ~304 million Tesla options from the 2018 performance package. This was done via net share settlement — Tesla withheld ~17.5 million shares to cover the ~$7.1 billion exercise cost. No cash changed hands and no shares were sold on the open market. Elon’s Tesla ownership rose to roughly 19.9% (~20%), giving ...

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Link :
https://www.nextbigfuture.com/2026/06/tesla-spacex-merger-announcement-and-vote-could-happen-over-next-3-months.html