Analysis: Fortune | 'It’s crazy’: SpaceX could set records as the least shareholder-friendly public company of all time
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Analysis: Fortune | 'It’s crazy’: SpaceX could set records as the least shareholder-friendly public company of all time
"It's crazy... I practice every day with the exchanges and regulators, and they would never accept this onerous and one-sided a structure for an emerging growth company... But because it’s Musk, and the biggest IPO ever, and that everyone’s vying to get a part of it, the exchanges are going along with it. It would never happen in my world.”
https://fortune.com/2026/05/22/space-x-stock-ipo-price-elon-musk-shareholders/
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Analysis: Fortune | 'It’s crazy’: SpaceX could set records as the least shareholder-friendly public company of all time
"It's crazy... I practice every day with the exchanges and regulators, and they would never accept this onerous and one-sided a structure for an emerging growth company... But because it’s Musk, and the biggest IPO ever, and that everyone’s vying to get a part of it, the exchanges are going along with it. It would never happen in my world.”
https://fortune.com/2026/05/22/space-x-stock-ipo-price-elon-musk-shareholders/
Crazy SpaceX cont.
Public funds from NY and CA are lodging a long-list of complaints
Public fund managers overseeing over $1 trillion in assets for the likes of police officers, firefighters and nurses, [say] the enterprise that promises to establish colonies on the moon... threatens a huge setback in shareholder rights... CalPERS and the two New York officials provide a detailed critique of a half-dozen, allegedly Musk-serving rules... as the antithesis of sound corporate oversight.
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