SEC Sues Musk and Seeks Ban for His Tweets on Go-Private Deal

Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by TrainedMonkey on Thursday September 27, 2018 @06:13PM (#18089272)

SpaceX is national security launch services provider, no way he is going to jail.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by dabockster on Thursday September 27, 2018 @07:48PM (#18089866)

This is about Tesla, not SpaceX.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by garmaine on Friday September 28, 2018 @02:27AM (#18091428)

The dude is the CEO of both. He couldn't effectively run SpaceX from jail.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by UpshotKnothole on Thursday September 27, 2018 @06:15PM (#18089283)

Why not? SpaceX will tick along without him, and he won’t leak classified material because then the prison he’d be in would deep and dark indeed.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by mikeg8 on Thursday September 27, 2018 @07:44PM (#18089849)

Yea he’ll join all the other billionaires in jail. I would say he looks pretty guilty of fraud but agree he will never see a cell, just heavy fines. And spaceX may survive without him but losing musk would suck a ton of wind out of their sails.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by empath75 on Thursday September 27, 2018 @09:07PM (#18090226)

https://en.m.wikipedia.org/wiki/Joseph_Nacchio

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by cheeze on Friday September 28, 2018 @12:56AM (#18091186)

My understanding is that his imprisonment was questionable though, no?

> charges his defense team claimed were U.S. government retaliation for his refusal to give customer data to the National Security Agency in February, 2001

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by np_tedious on Thursday September 27, 2018 @09:21PM (#18090285)

Maybe if Elon had sold stock this would be in the realm of possibility.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by refoundglory on Thursday September 27, 2018 @08:36PM (#18090090)

Martha Stewart was a billionaire when she went to jail for insider trading.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by MrPatan on Friday September 28, 2018 @01:29AM (#18091280)

Did she go to jail for insider trading? Or for lying to the FBI?

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by FLUX-YOU on Thursday September 27, 2018 @06:29PM (#18089393)

I'm not so sure, one of the other space companies could start poaching talent and there's no way they can continue the government contracts with a huge loss of critical staff.

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Re:SEC Sues Musk and Seeks Ban for His Tweets on Go-Private ... by bodas on Thursday September 27, 2018 @07:43PM (#18089844)

SpaceX is an extremely desirable company to work at, it's more NASA than NASA. Even without Musk that would remain the case. Talent squeeze is not a risk IMO.

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