Tesla has granted CEO Elon Musk a stock award valued at around $29 billion in what the company calls a move to retain him during a key transition period.

The Tesla board has reinstated Elon Musk as the highest-paid CEO in history with a staggering new $29 billion pay package. His new deal with the $970 billion electric-vehicle maker comes after a Delaware judge twice rescinded Musk’s previous moonshot mega-grant. Musk’s pay has been held up in litigation for the past seven years.