and noted that while Musk’s ownership stake in SpaceX is 42 percent, his voting power as of this past march was 79 percent. Nobody could stop him from taking out the loan if he really wanted it, and it’s not clear that anyone tried. SpaceX is in the rocket business, but it’s foremostly in the Musk business.
The loan points to a truth that is becoming quite well established: If you are a shareholder in one of Elon Musk’s companies, you are entangled with the businesses ofof them. Some of that is natural and unavoidable: Musk is one of the most famous people in the world. He is known largely for his business acumen and innovation, although he has become well known in the past year for being kind of a dumbass in his management of Twitter, which he’s since renamed X.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Nintendo wants to be much more than a video game companyWith films, theme parks and live events, Nintendo is growing beyond its core gaming market.
Läs mer »