The CEO reports to the board, which reports to the shareholders. This is how it always is. His goal is basically pointless - even if the board did create a policy, or a charter or whatever, it could be revoked just as easily.
If you want to be calling the shots in a way that you can’t be fired, you have to become the majority shareholder. Like he did with Twitter. But then your customers can still leave. I’m sure that’s why he’s trying for those hefty govt contracts that can’t be terminated so easily.
If you want total control you need to take 100% of the risk. If you want to use other peoples money then you are gonna have a board. Typical elon wants to have his cake and eat it too.
Nah. Only 51% of the risk.
All these dictators and authoritarians want to die on the throne.
The article doesn’t say what happens if his mental state worsens. Humans do get sick.
Or if he develops a crippling depenance on ketamine.
We checked of empirically already: nothing happens.
I remember a rumor SpaceX actually employs handlers to distract Elon to keep him off causing problems.
Seems like they could solve this a lot more permanently by luring him into some kind of industrial accident.
I have a friend that works at SpaceX, and he’s told me that every time Elon is there it’s a bad day.
I heard there was a team that followed afterwards and corrected the things he meddled with
If e-lawn had a massive coronary and died, the world would still go on.
His companies would probably do better too.
They would stop taking absurd risks for sure, which would result in lower rewards but overall a bit better still. No more industry-changing projects though.
Which ones? The electric cars her hasn’t improved on for 10 years, the drilling machine that nobody uses, the flamethrower, the social media company he murdered, it the government divisions he burned to ground? So innovative.
We actually don’t know if that would happen. for all we know they could replace him with RFK Jr and take 10x more risk than elon, which would mean even bigger rewards !!!
Damn, the same way Tesla reaches FSD next year, thanks Elon for saving the World one promise at a time! /$
There’s always the guillotine option. The preferred option actually.
saved
Ok, but use an electric one to save the planet.
Hand crank like the old school pencil sharpeners
Forget the hand crank, I volunteer to run in the big hamster wheel to power it.
You could throw them into a jumbo jet engine and it still would be a net negative carbon reduction
Strap him to the outside of the next rocket they launch.
I was trying to say it more cleverly, but I’ve got nothing: can we just put him under it?
That would be the preferred method of firing him.
Low and slow?
There’s nothing low and slow about cooking something under the main thrusters of a rocket capable of escaping earth’s gravity…
“250 for 8 hours?! I don’t have time for that. Let’s just do 15,000 for 2 seconds.”
I was just proposing a third alternative.
So if he died of a heart attack, SpaceX would just implode?
LMAO
Elon Musk is expendable. Punting him would likely improve all important metrics at SpaceX.
It wouldn’t implode because it’s not like his shares just disappear on death. Whoever obtained those shares would have the 10x voting power over the company. So whoever ended up with those shares have full control over SpaceX.
Punting him would likely improve all important metrics at SpaceX.
And Tesla.
And Tesla
And earth
>and solar systemOn second thought that dipshit ain’t going interplanetary, even if Mars was made of cocaine.
He might crash something on the Moon at some point.
He lies to the board just like he lies to everyone else, fascists don’t use language to convey meaning or share information, they use it as a weapon to manipulate and intimidate.
The lord vests fiefs and dispenses favor. Inferior people should not be employed. – Elmo Skum, probably
Punchable face of an apartheid beneficiary.
So as a summery investing in spaceX means
- No intention of a short or long term investment
- realistically no control over company choices regardless of share type.
The article is pretty accurate: if you buy in you are only there for the ride. Meaning hopefully you are there hoping he actually can produce what he claims he wants to do.
Name one single vision of Musk that he brought to fruition.
And don’t say Starlink or Tesla, those had no input from him.
It would seem you took my comment as being for his pursuits, the intent of the comment was not for or against him, it’s simply how it is.
Naming any of his successful or failed visions wouldn’t change anything.
Except prove the point that Musk is a fraudster. He’s grifted far more money than Elizabeth Holmes, but that’s ok because some people are getting richer off his simps.
I agree with you that he isn’t all he’s cracked up to be, but the post was meant to state facts given, and I don’t see how it effects or relates to what I said.
edit: to reiterate I don’t disagree with your comment, it’s just me pointing out if he’s a fraudster or not does nothing to the original claim, and adds a bias take to the comment where I’m attempting to remain impartial.
The US government is throwing tax payer money at him so “the ride” is pretty sweet from where he’s sitting.
Okay, so there’s going to be no dividends because it won’t be making profit, and the stock price is going to be manipulated by Musk, who’s already shown he’ll say weird shit on Twitter to drop Tesla’s price when he wants to buy some shares back. And on the other hand, the growth part of the equation is also predicated on him saying crazy shit on Twitter. He can’t be voted out either.
Crypto seems like a better fucking investment at this point. I hope his IPO fails, but everyone’s so hyped up on infinite growth in stocks that are already overvalued that there’s just way too much stupid money going around right now.
Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!
That’s all well and good, but if you consider how rich he is, and how he has rich friends who probably share his ideals, it becomes fairly obvious that this is the rug pull of the century. Otherwise if he doesn’t want to be liable for making number go up, he could make sure that only people who agree with him own any stock rather than going public.
You lost us at crypto.
There’s an implied “even” in front of crypto that I forgot to add and now I’m too lazy to edit it in
