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What if the government just nationalized SpaceX using their legal infractions as a cover?
by HWR_14 3y ago
What if the government just nationalized SpaceX using their legal infractions as a cover?
- mannerheim 3y agoAll their engineers then quit because their RSUs are now worthless.
- HWR_14 3y agoThe government let people on Wall Street keep their RSU style compensation after 2008. It's not like most engineers can sell their RSUs except on quarterly redemption days. Or the government could otherwise match the compensation. It has a lot of money.
- mannerheim 3y agoSpaceX employees can't sell their RSUs period, since it's a private company. They're counting on a big payday at an IPO that will never happen if it gets nationalised.
- HWR_14 3y agoThey can. SpaceX facilitates the sales so people can cash out their RSUs without violating securities laws.
- ShrigmaMale 3y ago1 - compare the govt and spacex track records. does that really seem wise? 2 - we can't really nationalize stuff, constitutionally. it's been limited to voluntary bailouts of last resort (aig, amtrak) which i think we should stop