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by Hamuko 8 days ago
You can take a public company private and then run it to the ground. See also: Twitter.
1 comments

How does that work now they are a subsidiary of SpaceX?

Does that make the rotting corpse of Twitter public again?

Yes. Although the amount of SpaceX stock that's available for public is fairly little.
And those classes available for the public has less voting rights than Elons stock so even worse.
So man makes company, man shares profitability of company with world to invest in. World complains they can't outvote man.
Some of the details you are missing here matter quite a lot.
Im not an investor so I don’t care. But anyone buying into SpaceX should probably care that you are investing in a company you have zero influence in.