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A Giant Asteroid Wearing A 'Face Mask' Will Soar Over Western Skies Tomorrow (PHOTOS) – Narcity USA

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Bored on a Wednesday night? A mile-wide asteroid is hurtling past Earth this weekend and you can watch it soar across Western skies. Yes, it really is that big.

CBS Sacramento reports it’s 1.2 miles wide!

This massive asteroid (aka 1998 OR2) was first spotted 22 years ago. Tomorrow, on April 29 it will soar past our planet at a mind-boggling speed of over 19,000 miles per hour.

How can you see something that’s moving so fast?

Thanks to space tech, you can log into the Virtual Telescope website and watch it all happen.

You’ll get clear footage and reassurance that if you stay up all night to see it, you can actually watch it happen.

But only super early risers (or night owls) can watch the phenomenon take place.

NASA said it’s happening at 2:56 a.m. PST. So you’d better set your phone’s alarms now. That’s 5:56 a.m. on the east coast. 

Don’t worry — it’s not headed towards earth.

But strange images from Arecibo Observatory in Puerto Rico shows the massive rock looks like it’s wearing a face mask!

“Since we are all thinking about Covid-19, [its strange] features make it look like 1998 OR2 remembered to wear a mask,” said Anne Virkki, head of planetary radar at Arecibo Observatory.

Since the asteroid is so big, it was originally declared a dangerous object. 

After all, it’s bigger than 500 feet and is flying within 5 million miles of Earth’s orbit. 

Experts at Arecibo can track asteroids to see if they will pose a risk to the Earth in the future.

According to the planetary team, the giant space rock will be flying a whole lot closer in times to come.

In 2079, it’s expected to fly 3.5 times closer than it is this week. It’s the largest asteroid to fly by our home, but it’s not the biggest one ever. 

Apparently, that award goes to the jaw-dropping 3122 Florence that flew by in 2017. Its claim to fame is a size of 2.5 to 5.5 miles wide. 

Now, that’s a nice boulder.

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Tesla's Musk earns $770M in stock options, company confirms – Medicine Hat News

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By The Associated Press on May 28, 2020.

FILE – In this Sunday, Jan. 19, 2020, file photo, Elon Musk founder, CEO, and chief engineer/designer of SpaceX speaks during a news conference after a Falcon 9 SpaceX rocket test flight to demonstrate the capsule’s emergency escape system at the Kennedy Space Center in Cape Canaveral, Fla. Tesla confirmed Thursday, May 28, that CEO Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics. (AP Photo/John Raoux, File)

DETROIT – Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics.

The electric car and solar panel maker’s board certified that Musk earned the big payout, according to a filing with the U.S. Securities and Exchange Commission. The filing says Musk can buy 1.69 million shares of Tesla stock for $350.02 each, but it wasn’t clear whether he had exercised the stock options. His payout is based on the difference between the option price and Thursday’s closing share price of $805.81.

Musk earned the options as part of an audacious compensation package approved by the board in 2018.

According to the filing, the board certified that Tesla had reached the milestones by hitting $20 billion in total revenue for four previous quarters and a total market value of $100 billion. The company also reached $1.5 billion in adjusted pretax earnings, but that must still be certified by the board, the filing said.

Musk has to hold the stock for a minimum of five years, under the terms of the compensation package.

Musk can afford to wait before cashing in on his latest windfall, given his wealth is estimated at $39 billion by Forbes magazine.

All told, the incentives approved by Tesla’s board in 2018 consist of 20.3 million stock options that will be doled out in 12 different bundles if the company is able to reach progressively more difficult financial goals. It’s one of the biggest corporate pay packages in U.S. history.

In order for Musk to receive all 20.3 million stock options, Tesla will have to generate adjusted annual earnings of $14 billion on annual revenue of $175 billion coupled with a market value of $650 billion. In the past four quarters, Tesla, which is based in Palo Alto, California, has reported adjusted earnings totalling $3.6 billion on revenue totalling $26 billion.

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Tesla’s Musk earns $770M in stock options, company confirms

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DETROIT — Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics.

The electric car and solar panel maker’s board certified that Musk earned the big payout, according to a filing with the U.S. Securities and Exchange Commission. The filing says Musk can buy 1.69 million shares of Tesla stock for $350.02 each, but it wasn’t clear whether he had exercised the stock options. His payout is based on the difference between the option price and Thursday’s closing share price of $805.81.

Musk earned the options as part of an audacious compensation package approved by the board in 2018.

According to the filing, the board certified that Tesla had reached the milestones by hitting $20 billion in total revenue for four previous quarters and a total market value of $100 billion. The company also reached $1.5 billion in adjusted pretax earnings, but that must still be certified by the board, the filing said.

Musk has to hold the stock for a minimum of five years, under the terms of the compensation package.

Musk can afford to wait before cashing in on his latest windfall, given his wealth is estimated at $39 billion by Forbes magazine.

All told, the incentives approved by Tesla’s board in 2018 consist of 20.3 million stock options that will be doled out in 12 different bundles if the company is able to reach progressively more difficult financial goals. It’s one of the biggest corporate pay packages in U.S. history.

In order for Musk to receive all 20.3 million stock options, Tesla will have to generate adjusted annual earnings of $14 billion on annual revenue of $175 billion coupled with a market value of $650 billion. In the past four quarters, Tesla, which is based in Palo Alto, California, has reported adjusted earnings totalling $3.6 billion on revenue totalling $26 billion.

Source: Tesla’s Musk earns

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Tesla's Musk earns $770M in stock options, company confirms – Business News – Castanet.net

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Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics.

The electric car and solar panel maker’s board certified that Musk earned the big payout, according to a filing with the U.S. Securities and Exchange Commission. The filing says Musk can buy 1.69 million shares of Tesla stock for $350.02 each, but it wasn’t clear whether he had exercised the stock options. His payout is based on the difference between the option price and Thursday’s closing share price of $805.81.

Musk earned the options as part of an audacious compensation package approved by the board in 2018.

According to the filing, the board certified that Tesla had reached the milestones by hitting $20 billion in total revenue for four previous quarters and a total market value of $100 billion. The company also reached $1.5 billion in adjusted pretax earnings, but that must still be certified by the board, the filing said.

Musk has to hold the stock for a minimum of five years, under the terms of the compensation package.

Musk can afford to wait before cashing in on his latest windfall, given his wealth is estimated at $39 billion by Forbes magazine.

All told, the incentives approved by Tesla’s board in 2018 consist of 20.3 million stock options that will be doled out in 12 different bundles if the company is able to reach progressively more difficult financial goals. It’s one of the biggest corporate pay packages in U.S. history.

In order for Musk to receive all 20.3 million stock options, Tesla will have to generate adjusted annual earnings of $14 billion on annual revenue of $175 billion coupled with a market value of $650 billion. In the past four quarters, Tesla, which is based in Palo Alto, California, has reported adjusted earnings totalling $3.6 billion on revenue totalling $26 billion.

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