SpaceX IPO gives Musk power and curbs shareholder rights

https://www.reuters.com/sustainability/boards-policy-regulation/spacex-ipo-gives-musk-sweeping-power-curbs-shareholder-rights-2026-05-06/

by denis1 • 3 months ago

11 5 3 months ago

reuters.com

dotcoma• 3 months ago

They’re called ‘fans’, not shareholders.

__patchbit__2• 3 months ago

What about that Tesla shareholder troublemaker? wasted time and money, exposed the game mechanics of lawfare.

gigatexal• 3 months ago

“"I would rather have him making these decisions and be in control," he said. "He may be controversial and polarizing and he does some crazy, bizarre things sometimes, but he’s a brilliant guy when it comes to building something completely new and building wealth” for himself and shareholders.”

From the article.

“Controversial” and “polarizing”. Yep. Cutting aid to USAID leaving many to die with no access to live saving aid is swept under the rug so long as annualized returns are 42%…

Money managers are some of the least principled people smh. If their portfolios could go up 1000% they’d burn villages and kill their siblings to do it.

__patchbit__2• 3 months ago

Media organizations run journalists who fear their jobs.

baranul• 3 months ago

From the shutting down of USAID, there are death toll estimates reaching over 100,000 dead children and climbing. It achieved a level of "plausible deniability" combined with total disregard of human life, resulting in what can be argued as mass murder, that has rarely ever been seen in human history.

SpaceX IPO gives Musk power and curbs shareholder rights

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