Rivian gave its CEO a pay package that could be worth $5B if all performance milestones are met. This is essentially a lower budget version of Elon’s pay package.
This pay package replaces his 2021 package which was worth $6B if he hit certain stock price goals ($110, $150, $220, & $295). Rivian’s stock is currently around $15 and he has no chance of hitting the milestones. So he has a new package with lower milestones ($40 - $140 stock price)
https://techcrunch.com/2025/11/07/rivian-gives-rj-scaringe-a-new-pay-package-worth-up-to-5b/