SpaceWiredabout 20 hours ago
SpaceX IPO Puts Elon Musk's 'Extreme' Ownership to the Test
1 min read
SpaceX raised $75 billion in an IPO, nearly three times more than any previous company. Elon Musk holds 85.1 percent voting power, making removal as CEO nearly impossible. The governance structure reflects the extreme ownership culture that grew SpaceX from a warehouse startup to over 22,000 employees.
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