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by hotelmaz 1309 days ago
Musk isn't PMC, he's an owner of multiple companies. That puts him squarely in the capitalist class.
2 comments

Anyone can start a corporation and own multiple of them. I do, and they cost me between $40-100 each. To my surprise when I mailed my documents to the Secretary of State they didn’t check my “Capitalist Class” ID card.
He owns 9% of Twitter, according to the article. Is that sufficient, or does it still fall prey to the "split between ownership and control" that managerial capitalism has, as this article puts it? How much less ownership did Parag Agrawal have? How much did Jack Dorsey have- he didn't leave until a year ago! If the fault of Twitter is a PMC-driven culture, why wasn't having Dorsey, a founder-capitalist himself and also the owner of multiple companies, enough to staunch it?
He owned 9% of Twitter in April - that's what represented in the chart - the dates are clearly stated there.
So how much does he own now? Does he own more than previous Twitter CEOs did?