{"id":1005864,"date":"2026-04-30T09:21:40","date_gmt":"2026-04-30T03:51:40","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1005864"},"modified":"2026-04-30T09:27:16","modified_gmt":"2026-04-30T03:57:16","slug":"only-elon-musk-can-fire-himself-from-spacex-filing-shows","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/30\/only-elon-musk-can-fire-himself-from-spacex-filing-shows\/","title":{"rendered":"Only Elon Musk can fire himself from SpaceX, filing shows"},"content":{"rendered":"<p>SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the billionaire founder&#8217;s consent, according to an excerpt of its IPO filing reviewed by Reuters. The filing states that Musk &#8220;can only \u200cbe removed from \u2060our board or \u2060these positions by the vote of Class B holders&#8221; &#8211; super-voting shares with ten votes apiece that he will control after the IPO, making his removal effectively a self-vote. If he &#8220;retains a significant portion of his holdings of Class B common stock for an extended period of time, he could continue to control the election and removal of a majority of our board.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the billionaire founder&#8217;s consent, according to an excerpt of its IPO filing reviewed by Reuters. The filing states that Musk &#8220;can only \u200cbe removed from \u2060our board or \u2060these positions by the vote of Class B holders&#8221; &#8211; super-voting shares with ten votes apiece that he will control after the IPO, making his removal effectively a self-vote. If he &#8220;retains a significant portion of his holdings of Class B common stock for an extended period of time, [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1005864","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1005864"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005864\/revisions"}],"predecessor-version":[{"id":1005889,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1005864\/revisions\/1005889"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1005864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1005864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1005864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}