How Founder Control Is Reshaping Public Markets

Westin: This is a story about fairness. When SpaceX went public last month, investors were invited to buy into one of the world's most valuable companies, but they weren't buying equal voting rights. Instead, the IPO cemented Elon Musk's extraordinary control over the company's future, giving him more voting power than all other shareholders combined, as well as locking him in as chairman and CEO. -SpaceX, as a public company, is an investment in Elon Musk and the cult of Elon. -Well, you know, I visited Sp ...