[s_y_n_t_a_x]

Twitter is a publicly listed corporation as well (since 2013) so that argument makes no sense:

https://thenextweb.com/twitter/2013/11/07/twitter-just-becam...

Either way, that's a strange moral line to take on all of this, whether a company is public or not.

[RNCTX]

Yes, they are.

There's nothing strange about it at all. If you want to sell securities on public markets you have to abide by certain rules. It's completely reasonable, and I know that corporations and their apologists like to throw around "private" as a buzzword and pretend like they should have free reign, but they do not.

There is no such thing as a "private" publicly traded company.