← Back to context Comment by nemothekid 1 day ago They are already a public company. 11 comments nemothekid Reply oseityphelysiol 1 day ago 93% owned by the founder. ksec 1 day ago I had to fact check this. Turns out it is true. I was not aware on US stock exchange you can have a public company with less than 10% public float.This also makes the founder net worth of around $33B. sandworm101 1 day ago If you think that is bad, look into the spacex ipo. That tiny public offering is for stock that can barely vote and cannot bring shareholder actions, making them more NFTs than proper "shares" imho. 1 reply → Hamuko 1 day ago You can take a public company private and then run it to the ground. See also: Twitter. lostlogin 1 day ago How does that work now they are a subsidiary of SpaceX?Does that make the rotting corpse of Twitter public again? Hamuko 1 day ago Yes. Although the amount of SpaceX stock that's available for public is fairly little. 4 replies →
oseityphelysiol 1 day ago 93% owned by the founder. ksec 1 day ago I had to fact check this. Turns out it is true. I was not aware on US stock exchange you can have a public company with less than 10% public float.This also makes the founder net worth of around $33B. sandworm101 1 day ago If you think that is bad, look into the spacex ipo. That tiny public offering is for stock that can barely vote and cannot bring shareholder actions, making them more NFTs than proper "shares" imho. 1 reply →
ksec 1 day ago I had to fact check this. Turns out it is true. I was not aware on US stock exchange you can have a public company with less than 10% public float.This also makes the founder net worth of around $33B. sandworm101 1 day ago If you think that is bad, look into the spacex ipo. That tiny public offering is for stock that can barely vote and cannot bring shareholder actions, making them more NFTs than proper "shares" imho. 1 reply →
sandworm101 1 day ago If you think that is bad, look into the spacex ipo. That tiny public offering is for stock that can barely vote and cannot bring shareholder actions, making them more NFTs than proper "shares" imho. 1 reply →
Hamuko 1 day ago You can take a public company private and then run it to the ground. See also: Twitter. lostlogin 1 day ago How does that work now they are a subsidiary of SpaceX?Does that make the rotting corpse of Twitter public again? Hamuko 1 day ago Yes. Although the amount of SpaceX stock that's available for public is fairly little. 4 replies →
lostlogin 1 day ago How does that work now they are a subsidiary of SpaceX?Does that make the rotting corpse of Twitter public again? Hamuko 1 day ago Yes. Although the amount of SpaceX stock that's available for public is fairly little. 4 replies →
Hamuko 1 day ago Yes. Although the amount of SpaceX stock that's available for public is fairly little. 4 replies →
93% owned by the founder.
I had to fact check this. Turns out it is true. I was not aware on US stock exchange you can have a public company with less than 10% public float.
This also makes the founder net worth of around $33B.
If you think that is bad, look into the spacex ipo. That tiny public offering is for stock that can barely vote and cannot bring shareholder actions, making them more NFTs than proper "shares" imho.
1 reply →
You can take a public company private and then run it to the ground. See also: Twitter.
How does that work now they are a subsidiary of SpaceX?
Does that make the rotting corpse of Twitter public again?
Yes. Although the amount of SpaceX stock that's available for public is fairly little.
4 replies →