SpaceX on Tuesday disclosed it would acquire Cursor for $60 billion in stock, representing roughly 3.4% dilution—meaning investor stakes will represent a smaller percentage of the company—of SpaceX’s $1.77 trillion IPO valuation.
I never understood this. Dilution should require a vote from owners.
I never understood this. Dilution should require a vote from owners.
You vote by selling your stock if you disagree.
Are more than 50% of shares not owned by Musk? If not, a vote wouldn’t even matter.
Would it be helpful if that had been written into the company’s AoI and server software?