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What Elon Musk’s reinstated $139 billion pay package rally secures

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What Elon Musk’s reinstated 9 billion pay package rally secures


More than money: What Elon Musk’s reinstated $139 billion pay package rally secures

In a landmark reversal, the Delaware Supreme Court on Friday, December 19, restored the 2018 compensation package for Tesla CEO Elon Musk.

The deal is now valued around $139 billion. The decision overturns a 2024 lower court ruling that had nullified the pay plan as “unfathomable.”

With this decision, a year-long battle that started when a shareholder owning just nine Tesla shares challenged the package.

In her 2024 decision, Delaware Chancery Court Chancellor Kathaleen McCormick found Tesla’s board had failed to prove the massive award was fair to shareholders, citing conflicts of interest and a lack of full disclosure.

However, the state’s highest court disagreed, stating in a 49-page opinion that completely rescinding the package was “inequitable” and “leaves Musk uncompensated for his time and efforts over a period of six years.”

The 2018 package grants Musk stock options to buy about 304 million Tesla shares at a steep discount if the company hit ambitious financial and operational milestones (all of which company has achieved).

The legal fight had significant repercussions. Musk, incensed by initial voiding of his pay, launched a fierce campaign against Delaware’s corporate legal system, calling it hostile to business and urging companies to incorporate elsewhere.

Various high-profile firms such as Coinbase and Roblox, resultantly moved their legal homes to states such as Texas and Nevada.

Musk celebrated the ruling on his social media platform X (formerly Twitter), posting that he was “vindicated.”

In after-hours trading, Tesla shares were slightly up.

The reinstatement of the 2018 package comes just weeks after Tesla shareholders approved a new, even larger compensation plan for Musk in November.

That package could be worth up to $878 billion if the company meets extraordinary growth targets over the next decade.

Lawyers for the shareholder who originally challenged the 2018 deal said they were “considering our next steps” and remained “proud to have participated in the historic verdict below.”

The Supreme Court’s decision solidifies Musk’s position as the world’s richest person as this title is largely built on his Tesla and SpaceX holdings.  





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Channing Tatum prepares to undergo surgery after severe injury

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Channing Tatum prepares to undergo surgery after severe injury


Channing Tatum prepares to undergo surgery after severe injury

Channing Tatum offered his health update after severely injuring his shoulder.

Before going under the knife, the Magic Mike star took to his Instagram on Tuesday night, February 3.

He shared a black-and-white snapshot of himself wearing a hospital gown while laying on a bed in a medical office as he prepares to undergo surgery.

“Just another day. Another challenge,” the 45-year-old American actor and film producer captioned the single image.

“This one is gonna be hard,” he added before concluding, “But whatever. Let’s get it in.”

Moreover, giving more insights about his condition, the Blink Twice actor posted two images of his X-rays on his Instagram Stories.

“Separated shoulder,” he captioned one report, showing broken bones.

Channing Tatum prepares to undergo surgery after severe injury

The Step Up actor wrote “Screwed shoulder. Yay,” on the following update, featuring a screw in his shoulder.

It is pertinent to note that back in September, Tatum revealed that he got injured while filming the new Avengers: Doomsday movie.

Given his history, it’s unclear if the new medical procedure has anything to do with his previous injury.

On the work front Tatum’s latest movies as of early 2026 include the critically acclaimed dark thriller Josephine, which premiered at the 2025 Sundance Film Festival, and the 2025 crime drama Roofman, where he stars as Jeffrey Manchester.





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Who was Elyse Donalson? A look into her life and career

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Who was Elyse Donalson? A look into her life and career


Elysa Donalson dies at age 78

Elyse Donalson, best known for her role in Halloween: The Curse of Michael Myers and her appearances on acclaimed television dramas, built a career that spanned more than two decades in Hollywood.

She passed away unexpectedly at her Studio City home at the age of 78 leaving behind a legacy of memorable performances and a life rooted in both Texas and Los Angeles.

Born Mary Elise Donalson on October 5, 1947, in Victoria, Texas, she grew up in a family where her father managed the family lumberyard and her mother worked as a church secretary and bookkeeper.

After graduating from Victoria High School in 1965, she attended Southwest Texas State University (now Texas State University), where she acted in plays and met her future husband, Joe Houde.

The couple eventually moved to Los Angeles, where Donalson pursued her passion for acting.

Her Hollywood journey began in the early 1980s, when she took acting classes and landed her first role in 1983 on CBS’s fantasy series Wizards and Warriors.

From there, she appeared in more than two dozen television series including Doogie Howser, M.D., Anything But Love, Chicago Hope, The Practice, and Beverly Hills, 90210.

She became a familiar face in guest roles across popular shows of the era.

Donalson’s film work included her memorable appearance in Halloween: The Curse of Michael Myers (1995), where she played a sanitarium patient in a chilling scene opposite Paul Rudd’s Tommy Doyle.

On television, she portrayed a nun in St. Elsewhere (1986), a judge in Matlock (1988), a nurse in Quantum Leap (1989), and an elderly woman in The X-Files (2000). 

Fans of Dr. Quinn, Medicine Woman may remember her as Mrs. Marley in the 1993 Christmas episode Mike’s Dream: A Christmas Tale.

Beyond acting, Donalson was a longtime member of SAG-AFTRA and balanced her career by working at law firms in Los Angeles.

She was known for her love of animals and movies.

She is survived by her sister Harriette Meyer (who shared news of her sister’s death to The Hollywood Reporter), nieces Kellie and Kate, her brother-in-law Jimmie, great-nieces Madison, Macy, and Piper and her great-nephew Clay.

Donalson’s journey from Texas to Hollywood reflects the determination of an actress who carved out her place in the industry while remaining deeply connected to her family and personal passions. 





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Over Rs540m worth of kites sold ahead of Basant in Lahore

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Over Rs540m worth of kites sold ahead of Basant in Lahore


Workers install a large model of a kite celebrating the Basant festival in Lahore on February 3, 2026. — Reuters 
  • 500,000 kites sold in Lahore markets on Tuesday alone: officials.
  • Two-day public holiday announced in Punjab on Feb 6-7.
  • Met Office says weather to remain suitable for kite-flying.

More than Rs540 million worth of kite string and kites were sold in Lahore over three days ahead of Basant, reflecting strong public enthusiasm as the historic festival returns to the city after 25 years.

According to the Kite Association, over 500,000 kites were sold in city markets on Tuesday alone, as buying activity for Basant continued for the third consecutive day.

The festival is set to be celebrated in Lahore from February 6 to 8, following the lifting of a long-standing ban under strict conditions.

Markets designated for kite-flying material remained crowded as enthusiasts prepared for the festival’s return after more than two decades.

A large number of buyers thronged the Mochi Gate market to purchase kite strings and kites of their choice. The festive mood was heightened by the district administration’s Basant float, where the beats of dhol added to the excitement of shoppers.

Some citizens, however, complained that the prices of kites and string were too high, calling on the government to take steps to bring prices down.

Senior Provincial Minister Maryam Aurangzeb also visited Mochi Gate to review Basant shopping arrangements. Speaking to the media, she said that preparations for a safe Basant had been completed and urged citizens to strictly follow SOPs while celebrating the festival.

Meanwhile, Punjab Chief Minister Maryam Nawaz announced a Basant celebration at Liberty Chowk on February 7. 

Moreover, public holiday has been announced across the province on February 6 and 7, according to an official notification issued by the Punjab administration.

Public holiday notification. — Geo News
Public holiday notification. — Geo News

Lahore has been swept in colours as the Basant preparations peaked, with a giant kite installed at Liberty Chowk as part of the celebrations.

It may be noted that the Punjab cabinet allowed the manufacturing of kite-flying material not only in Lahore but also in four other districts. The provincial government has said foolproof security arrangements are being put in place to ensure safety during the event.

According to the Pakistan Meteorological Department, Lahore’s weather during Basant will remain cold and dry on February 6 and 7, while partly cloudy conditions are expected on February 8. The department said the weather conditions from 

February 6 to 8 will be suitable for kite flying, with winds blowing at 10 to 15 kilometres per hour.

The Met Office has advised kite flyers to avoid electricity wires.





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