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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.