Is Elon not a vanguard/blackrock man? Like apple/msft/google(via alphabet) are companies steered/managed by their ppl (and amazon once JB sells his shares)?
For instance he is "like" msft CEO, which is also starbucks CEO, both companies steered and managed by vanguard/blackrock ppl (that include very probably the CEO as biggest share holders weight a lot on CEO choice then on the whole hierachy of management).
It is the same for "alphabet"(google)/apple and many other companies in big tech.
You missed the point: Elon Musk is spacex and telsa, if spacex and telsa "are" vanguard/blackrock, then Elon Musk is one of their CEOs, even though he bought twitter on its "own" "money".
> Elon Musk is spacex and telsa, if spacex and telsa "are" vanguard/blackrock, then Elon Musk is one of their CEOs
SpaceX is also privately held. Vanguard has nothing to do with it, neither do I think BlackRock. With Tesla, they are holders, but largely through index funds. And Elon has control.
There is a public market index hypothesis, but it pointedly doesn’t apply to Elon or his companies.
It can be privately held by vanguard/blackrock. The difference is only based on how the "shares" where bought/sold. The "usual" way is to buy shares available on public and formalized markets like stock exchanges.
So what's you say about Tesla and Elon Musk is like Amazon and JB: they are share holders, but not big enough compared to Elon Musk in Tesla (did not check that) then they cannot setup their ppl on management like their CEOs. This is the same with amazon: JB is in control, but vanguard/blackrock are just behind (and azure), namely once JB sells enough of his shares, vanguard/blackrock get in control and then will setup their ppl as CEO and management (unless azure interfere).
Like alphabet(google)/microsoft/apple/starbucks/etc.
What is this supposed to mean?