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by mschuster91
607 days ago
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> What more could they want? The knowledge that even if Elon Musk goes completely off-script, Starshield/Starlink/SpaceX will still be there. Right now, there is nothing stopping Musk - whose shares control 78% of the voting rights [1] - to wind down shop at his will. Maybe he'll have to pay out the other investors, but like at Twitter he may just end up sticking the finger to anyone whom the company is in debt to. Having the future of space flight, low-latency civilian and military communication and low-orbit recon satellites all held together in the hand of one increasingly erratic billionaire is not something the US can afford to accept. [1] https://www.keeptrack.space/deep-dive/who-owns-spacex/ |
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