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Re:Jensen Huang Said to Have Had Relationship with Nvidia Ex... by mallipeddi on Wednesday November 11, 2026 @07:40PM (#50461284)
But Elon Musk has supermajority through dual-class shares in SpaceX which is obviously a capital-intensive business even more so than making GPUs.
Re:Jensen Huang Said to Have Had Relationship with Nvidia Ex... by hn_throwaway_99 on Thursday November 12, 2026 @01:23AM (#50463719)
You are correct, and I was wrong. I originally thought SpaceX was a bit of a special case because the board (pretty much Musk loyalists) gave Musk a ton of restricted stock right before the IPO, but the voting rights vested immediately. But the part I was wrong about is thinking that was just an IPO thing. All the many billions that SpaceX got pre-IPO was done with investors being fine having Musk alone having majority voting control.