Musk, Corporate Power Debates at Delaware’s Top Court: Explained

It’s the Delaware Supreme Court’s turn to consider the fairness of Elon Musk’s “moonshot” pay package as Tesla Inc.’s CEO.

That appeal, set for oral arguments Wednesday, ushers the justices directly into the “DExit” drama stirred up by Delaware’s lower, but premier, business court. Musk’s influence looms over a slate of high-profile appeals over the next month that should clarify how much control powerful shareholders and founders can have over corporate decisions.

In related news: the high court’s still considering the Ken Moelis case that stoked arguments the Delaware Chancery Court had tilted too far in favor of ...