1. Elon Musk received a $1 trillion pay package from Tesla, tied to operational and market capitalization milestones. The first milestone is a market cap of $2 trillion, currently surpassed by Tesla's current market cap of approximately $1.5 trillion.
2. Beta Technologies, an electric aviation startup, successfully completed its IPO with a $1 billion raise and debuted on the New York Stock Exchange. The stock price remains stable in its initial days of trading.
3. Various mobility companies, including Archer Aviation, Evotrex, and TVS Motor, raised funds or underwent changes in ownership this week. Lucid Motors, Rivian, and Waymo also reported financial results and plans for future expansion.