How Not to Buy SpaceX Stock (It's Harder Than You Think)
11 hours ago
- #Corporate Governance
- #SpaceX
- #Elon Musk
- Elon Musk is offering SpaceX stock through a method that automatically includes it in retirement accounts without investor choice.
- Musk aims to access public capital like a public company but maintain control as if SpaceX were private.
- Traditional legal protections ensure shareholder interests are paramount, but Musk avoids transparency and oversight.
- At Tesla, Musk installed a compliant board, despite not being the majority shareholder, illustrating his approach to control.