Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
Pretty much yep. Elon has a controlling interest in SpaceX so I think that was just his outright decision, unless he had to abstain and let the investors decide? I’m not sure if he had a controlling stake in xAI.
Edit: You also left off ‘overvalued’ when referring to xAI/Twitter. I think SpaceX honestly could have grown into it’s individual valuation pre-merger.
Pretty much yep. Elon has a controlling interest in SpaceX so I think that was just his outright decision, unless he had to abstain and let the investors decide? I’m not sure if he had a controlling stake in xAI.
Edit: You also left off ‘overvalued’ when referring to xAI/Twitter. I think SpaceX honestly could have grown into it’s individual valuation pre-merger.