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Jeff Bezos's space company, Blue Origin, has reportedly introduced a new employee stock plan.
The move aims to address widespread staff unrest and bolster its competitive edge against rival SpaceX.
The previous stock option scheme caused significant anger as options expired without payout, contingent only on an initial public offering (IPO) or company sale.
The new plan sets a strike price of $9.50 per share for cash-settled options, which do not grant employees an ownership stake.
The updated scheme expands the 'liquidity events' that trigger a payout to include external funding rounds or tender offers, though Blue Origin's CEO stated there are no immediate IPO plans.
