Even Fervent Musk Fans Should Worry About the SpaceX Governance Risks
Public investors poured funds into buying SpaceX shares upon its mid-June IPO, and they can be expected to continue to do so heavily over the coming months. Such investors should be wary of the company’s governance setup and the power it awards Elon Musk, write Lucian Bebchuk and Kobi Kastiel. Public investors spent about $75 billion on SpaceX shares at its
