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Axon CEO Becomes Billionaire with Musk-Inspired Pay Package and Rising Stock
Axon Enterprise Inc. has adopted a CEO pay structure inspired by Elon Musk's incentives at Tesla, resulting in a high-risk, high-reward scenario. This strategy, combined with a surge in Axon's stock price, has propelled CEO Rick Smith's net worth to approximately $2.5 billion, marking him as a billionaire for the first time, according to the Bloomberg Billionaires Index.