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It doesn't work that way when one of them owns the company. If Musk were CEO then maybe they would have a point. But Musk isn't CEO. In fact I don't think he's

It doesn't work that way when one of them owns the company. If Musk were CEO then maybe they would have a point. But Musk isn't CEO. In fact I don't think he's an employee of SpaceX at all. He is the majority owner of the company. The most important of the investors. And legally speaking the company has a duty to him, not the other way around. CEO's can and do get fired for making companies look bad. Happens all the time. You can't fire an owner. Now we can discuss how we think it ought to work all day long. But that is how it does work today. It's not an even relationship and never has been. The guy signing the checks gets to decide if he wants to employee you. If people decide that he's a dick and don't want to work for him then he will find it hard to hire good talent.

toomanyrichies 4y ago
He is in fact CEO, according to CNBC: > SpaceX has fired at least five employees who were involved with circulating a letter around the company that was critical of CEO Elon Musk…[1] Further, if this link is to be believed, he is no longer a majority owner of SpaceX: > According to filings that SpaceX has made with the Federal Communications Commission (FCC), Musk currently owns 43.61% of SpaceX's outstanding stock as of August 2021.[2] 1. https://www.cnbc.com/amp/2022/06/17/spacex-fires-employees-after-internal-letter-criticizes-ceo-elon-musk.html https://www.cnbc.com/amp/2022/06/17/spacex-fires-employees-a... 2. https://wccftech.com/elon-musk-now-owns-less-than-half-of-spacexs-shares-reveal-filings/amp/ https://wccftech.com/elon-musk-now-owns-less-than-half-of-sp...
- thereddaikon 4y ago
  CNBC should do better fact checking. The CEO of SpaceX is and has been Gwynne Shotwell https://en.wikipedia.org/wiki/Gwynne_Shotwell https://en.wikipedia.org/wiki/Gwynne_Shotwell
  - toomanyrichies 4y ago
    The link you’re pointing to says that Shotwell is COO, not CEO.

toomanyrichies 4y ago

He is in fact CEO, according to CNBC: > SpaceX has fired at least five employees who were involved with circulating a letter around the company that was critical of CEO Elon Musk…[1] Further, if this link is to be believed, he is no longer a majority owner of SpaceX: > According to filings that SpaceX has made with the Federal Communications Commission (FCC), Musk currently owns 43.61% of SpaceX's outstanding stock as of August 2021.[2] 1. https://www.cnbc.com/amp/2022/06/17/spacex-fires-employees-after-internal-letter-criticizes-ceo-elon-musk.html https://www.cnbc.com/amp/2022/06/17/spacex-fires-employees-a... 2. https://wccftech.com/elon-musk-now-owns-less-than-half-of-spacexs-shares-reveal-filings/amp/ https://wccftech.com/elon-musk-now-owns-less-than-half-of-sp...

thereddaikon 4y ago
CNBC should do better fact checking. The CEO of SpaceX is and has been Gwynne Shotwell https://en.wikipedia.org/wiki/Gwynne_Shotwell https://en.wikipedia.org/wiki/Gwynne_Shotwell
- toomanyrichies 4y ago
  The link you’re pointing to says that Shotwell is COO, not CEO.