Dual-Class Share Structures: How Founders Maintain Control at Companies Like SpaceX
The article discusses how dual-class share structures, such as those used by SpaceX and Meta, allow founders like Elon Musk to maintain significant control over their companies. While supporters argue this structure protects long-term vision from short-term market pressures, critics warn it can reduce accountability.
Tickers: $META
Topics: corporate governance dual-class shares founder control