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As long as Musk's companies accurately disclose what the money they're raising is going to be used for, I don't think there is any issue. Shkreli was convicted
by kss238 9y ago
As long as Musk's companies accurately disclose what the money they're raising is going to be used for, I don't think there is any issue. Shkreli was convicted because he claimed to investors that he was going to invest in x but actually invested in y.
- jjeaff 9y agoWell, the board members of SpaceX, including musk, have a fiduciary responsibility to SpaceX only, when making decisions about what to do with SpaceX money. So investing or loaning money to Tesla or otherwise giving them some kind of sweetheart deal would inevitably open SpaceX up for a lawsuit from SpaceX shareholders.