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You can take a public company private and then run it to the ground. See also: Twitter.
by Hamuko 4mo ago
You can take a public company private and then run it to the ground. See also: Twitter.
- lostlogin 4mo agoHow does that work now they are a subsidiary of SpaceX? Does that make the rotting corpse of Twitter public again?
- Hamuko 4mo agoYes. Although the amount of SpaceX stock that's available for public is fairly little.
- victorbjorklund 4mo agoAnd those classes available for the public has less voting rights than Elons stock so even worse.
- tertius 4mo agoSo man makes company, man shares profitability of company with world to invest in. World complains they can't outvote man.
- lostlogin 4mo agoSome of the details you are missing here matter quite a lot.
- victorbjorklund 4mo agoIm not an investor so I don’t care. But anyone buying into SpaceX should probably care that you are investing in a company you have zero influence in.