alt Hacker NewsFull disclosure. I am currently shorting TSLA so take what I am about to post with an appropriate amount of salt.
I gotta say I am continuously amazed how much Musk is allowed to get away with. I know he can get some things done and he is, apparently, skilled manager, fund raiser and bs'er of epic proportions, but I have a hard time understanding how all this didn't catch up to him yet.
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If it's true that Musk is getting rules changes so that SpaceX can be included in the S&P earlier than the current rules allow, I think there's a non-zero chance of Musk falling even more out of favor than he currently is, if not worse (if the SpaceX IPO ends up losing people money in the first 1-2 years)
What's the old saying, again? "Musk can remain untouchable longer than you can remain solvent."
well he is the wealthiest most powerful person in the world right now, mainly because of SpaceX - I think this gives him plot armour until his eventual demise in 8.3 years
Hey maybe he actually is a genius. After all, he committed securities fraud at least twice and so far has suffered zero consequences.
As it turns out, having unfathomable amounts of wealth lets you get away with just about anything.