FRESH

Hacker News

SpaceX IPO gives Musk power and curbs shareholder rights

9 points by denis1

by dotcoma

1 subcomments

by gigatexal

2 subcomments

“"I would rather have him making these decisions and be in control," he said. "He may be controversial and polarizing and he does some crazy, bizarre things sometimes, but he’s a brilliant guy when it comes to building something completely new and building wealth” for himself and shareholders.”
From the article.
“Controversial” and “polarizing”. Yep. Cutting aid to USAID leaving many to die with no access to live saving aid is swept under the rug so long as annualized returns are 42%…
Money managers are some of the least principled people smh. If their portfolios could go up 1000% they’d burn villages and kill their siblings to do it.