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SpaceX General Section / Re: SpaceX corporate fundraising rounds
« Last post by novo2044 on Today at 09:39 am »No. That is not how mission statements work. They can be changed at any time and furthermore do not somehow negate the obligations a publically traded company has to minority shareholders. Going public implies a host of additional obligations because anyone with zero knowledge and minimal financial assets can buy shares.spending over a trillion dollars to colonize Mars without any plausible profits would generate a swarm of lawsuits. It would be framed as leadership (Musk) pursuing a personal goal to the detriment of the company and shareholders.
The company mission, as stated by the headline on the home page of their website, is:QuoteMAKING LIFE MULTIPLANETARY
SpaceX was founded under the belief that a future where humanity is out exploring the stars is fundamentally more exciting than one where we are not.
Minority shareholders will basically get laughed out of court if they sue to stop company spending that legitimately advances that primary company goal.
Musk's personal compensation package could be something they could legitimately sue over, as at Tesla, but as far as I know he takes only a nominal $1 salary from SpaceX.

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