Already in January, Judge Kathaleen McCormick stopped the compensation, which applies to the year 2018, with the motivation that it was far too high.
This after shareholders sued the company and its board, which had approved Musk's compensation plan – the largest in US history.
But at the meeting in June in Texas, the shareholders approved the payment.
However, the judge continues to press the brakes with the motivation that the compensation was far too much under Musk's influence when the decision was made.
"Even if a shareholder vote could have a ratifying effect, it cannot have it here", she writes in her statement on Monday.
Musk can proceed with the process and appeal McCormick's decision to a higher instance in the state.