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Forget ‘TechnoKing’: Elon Musk will really be king at SpaceX
Key takeaways
- Elon Musk has incredible sway over the companies he leads.
- Musk s monarchical grip on Space X was finally laid bare in the company’s IPO filing made public on Wednesday.
- Post-IPO, Musk will be CEO, CTO, and chairman of Space X’s board, and will have more than 50% of the voting power, giving him the ability to appoint directors as he sees fit.
Elon Musk has incredible sway over the companies he leads. And while he already calls himself “Techno King” at Tesla, he is a real ruler over Space X, wielding an unprecedented level of control over one of the most valuable companies in the world.
Musk s monarchical grip on Space X was finally laid bare in the company’s IPO filing made public on Wednesday.
Post-IPO, Musk will be CEO, CTO, and chairman of Space X’s board, and will have more than 50% of the voting power, giving him the ability to appoint directors as he sees fit. He essentially cannot be fired.
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