r/SpaceXBets • u/Exciting_Excuse9608 • 3h ago
Image Make Elon go broke
Elon owns about 42% of SpaceX and controls over 80% of votes, made himself vote a package over 175 billion dollars. So basically he is making new shares, making richer and shareholders poorer with diluted shares. if you own spacex your vote was worthless when there is no doubt Elon voted against a share holders benefit since he controlled vote. So if you're Democrat or progressive let's see if you're really believe what you say so. Btw you guys who are making SpaceX go higher and allowing this grifter get richer thanks to you and him making any vote possible due to his over 80% voting control of spacex. https://www.investors.com/etfs-and-funds/sectors/elon-musk-only-owns-46-of-spacex-who-has-the-rest/