$1.75 Trillion SpaceX IPO Hardwires Elon Musk As Single-Point Founder Risk
SpaceX’s IPO prospectus does one thing uncommon. It strips public traders of the proper to take away the chief government. The similar submitting warns that his departure might be existential. The contradiction is structural, not unintended. The S-1 asks markets to fund a single founder. It additionally asks them to simply accept a pay bundle…
