I think it's more basic than prestige. Musk's value add is in no small part due to his influencer status among a group of investors who primarily interact with

I think it's more basic than prestige. Musk's value add is in no small part due to his influencer status among a group of investors who primarily interact with him over Twitter. Leaving such an important part of your value subject to someone else's whims is crazy when you have the money to secure it.