Comment by jacquesm
5 hours ago
I wonder why the SpaceX top management is going along with this. It's clearly not in their long term interest to do so.
5 hours ago
I wonder why the SpaceX top management is going along with this. It's clearly not in their long term interest to do so.
From what I understand, Musk owns 42% of the company and nearly 80% of the voting rights, so I guess that answers the question.
I guess this is the price you pay for buying shares with less voting rights.