“[The SpaceX IPO] closes the voting door, the courthouse door and the proposal door simultaneously. It’s unprecedented in terms of creating a total lack of accountability," said Bruce Herbert, CEO of Seattle-based sustainability-focused wealth management firm Newground Social Investment... [1/2]
SpaceX has adopted corporate governance policies that will erode typical shareholder protections in unprecedented ways, giving founder Elon Musk virtually unchecked executive authority when the rocket...