5 ms·
Is Elon not a vanguard/blackrock man? Like apple/msft/google(via alphabet) are companies steered/managed by their ppl (and amazon once JB sells his shares)?
by sylware 4y ago
Is Elon not a vanguard/blackrock man? Like apple/msft/google(via alphabet) are companies steered/managed by their ppl (and amazon once JB sells his shares)?
- JumpCrisscross 4y ago> Elon not a vanguard/blackrock man? What is this supposed to mean?
- sylware 4y agoFor instance he is "like" msft CEO, which is also starbucks CEO, both companies steered and managed by vanguard/blackrock ppl (that include very probably the CEO as biggest share holders weight a lot on CEO choice then on the whole hierachy of management). It is the same for "alphabet"(google)/apple and many other companies in big tech. There are the "same" networks of people.
- JumpCrisscross 4y ago> he is "like" msft CEO Twitter is privately held. Vanguard and BlackRock have nothing to do with it.
- sylware 4y agoYou missed the point: Elon Musk is spacex and telsa, if spacex and telsa "are" vanguard/blackrock, then Elon Musk is one of their CEOs, even though he bought twitter on its "own" "money".
- JumpCrisscross 4y ago> Elon Musk is spacex and telsa, if spacex and telsa "are" vanguard/blackrock, then Elon Musk is one of their CEOs SpaceX is also privately held. Vanguard has nothing to do with it, neither do I think BlackRock. With Tesla, they are holders, but largely through index funds. And Elon has control. There is a public market index hypothesis, but it pointedly doesn’t apply to Elon or his companies.
- sylware 4y agoIt can be privately held by vanguard/blackrock. The difference is only based on how the "shares" where bought/sold. The "usual" way is to buy shares available on public and formalized markets like stock exchanges. So what's you say about Tesla and Elon Musk is like Amazon and JB: they are share holders, but not big enough compared to Elon Musk in Tesla (did not check that) then they cannot setup their ppl on management like their CEOs. This is the same with amazon: JB is in control, but vanguard/blackrock are just behind (and azure), namely once JB sells enough of his shares, vanguard/blackrock get in control and then will setup their ppl as CEO and management (unless azure interfere). Like alphabet(google)/microsoft/apple/starbucks/etc.
- tptacek 4y agoThis sounds like a conspiracy theory.
- sylware 4y agoIt is public information and how CEOs are chosen. If you want to know more: starbucks, a vanguard/blackrock company, with msft CEO has massive debts and stabucks is paying huge interests all year long. Public info.
- toomanyrichies 4y agoIf it’s public info, you should have no trouble citing your sources. It’s not our job to do so on your behalf.
- sylware 4y agoUsually wikipedia has the info, and few sites list the same info and sometime more, for instance the debts of the company (some profits are sucked out with the huge interests of those massive debts). Usually a good start is gogol (a vanguard/blackrock company!): "who owns tesla". Amazon for instance: JB is in full control, with azure/vanguard/blackrock right behind.