- the article is a doozy wow
- My story on Elon Musk cutting safeguards at xAI is on the front page of today's @washingtonpost.com. I’m also among 100’s of reporters laid off. I absolutely loved my job my brilliant coworkers & the thrill of reporting @ the center of forces upending the world: AI & Silicon Valley’s political power
- also a reminder that mainstream asset managers like blackrock and fidelity invested in xai - and now that spacex is set to go public, many more will be invested
- And unquestionably, SpaceX will go public with dual class shares - giving Musk unilateral control - incorporated in Texas or Nevada, which functionally block shareholder lawsuits and requests for internal information.Feb 4, 2026 20:45
- The point for SpaceX is once it's in mainstream indexes, index investors functionally are forced to buy. They cannot sell. And since Musk will control voting, they will have no rights at all. Functionally forced to supply capital. www.wsj.com/finance/stoc...
