[EdwardDiego]

I just don't like the clever corporate shell games Musk has been playing with his related party businesses to juice revenues and keep share prices up - e.g., SpaceX buying $131 million worth of Cybertrucks from Tesla, or SpaceX buying xAI.

It's clever business perhaps, but it's terrible governance.

But then Musk will always control the majority of voting rights in SpaceX, so not like the shareholders are able to vote to remove him from the board. Being fair, it's the same share structure Zuckerberg uses to retain control over Meta, in case I give the impression that I think only Musk is doing this.

Which is why I'd never buy shares in either of them, the directors are supposed to act in the best interests of all shareholders, and well, if you can't vote on director appointments, you can't do anything when they decide to act in the best interests of a few shareholders.