@lulameupresidente54: AGORA E LULA DE NOVO FAZ O LLLLL #fazol #lulapresidente13 #paidospobres #meupresidente

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Saturday 28 March 2026 11:42:56 GMT

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Tony silva :

Lula é 13 Lula presidente

2026-03-28 20:46:36

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The Stock Market Explained When a company goes public, it decides how many units to create, what rights attach to each unit, and who gets which type. SpaceX created two types. Class A is what they sold to the public. Your pension fund, retail investors, institutional buyers — everyone who bought at IPO got Class A. One vote per share. If you own 1,000 shares, you have 1,000 votes. Class B is what Musk holds. He did not buy these at IPO. He held them before the company went public, as the founder. Ten votes per share. If he owns 1,000 shares, he has 10,000 votes. SpaceX has approximately 849.5 million shares outstanding. Musk holds roughly 50% of those economically. ( SpaceX S-1, SEC EDGAR ) In a one-share-one-vote system, 50% of the shares equals 50% of the votes. A large enough coalition of other shareholders — pension funds, institutional investors — could outvote him. In SpaceX's system, his 50% economic stake translates to 85.1% of votes. No coalition of Class A shareholders can outvote him. Ever. The arithmetic does not allow it regardless of how many Class A shares are purchased or by whom. His attorneys wrote it this way because the law permits it. Dual-class share structures are legal in the United States. They are common among technology companies — Google, Facebook, Snap all use versions of it. The legal permission exists because the class of people who benefit from it has successfully argued for decades that founders need protection from short-term investor pressure to make long-term decisions. That argument is the justification. The function is control without accountability. The attorneys who filed the S-1 knew exactly what 10-to-1 voting rights produce mathematically. They chose that ratio deliberately. 85.1% is not an accident of arithmetic. It is the designed outcome of a specific ratio applied to a specific ownership stake. They ran the numbers, chose the ratio that produced permanent unassailable control, and filed it. ( SpaceX S-1, SEC EDGAR ) The public — including every pension fund compelled to buy by the index rule change — was sold Class A. Financial exposure. No governance. The participanten share, in the language that predates this by four hundred years. #wallst #finance #ipo #stockmarket #History

The Stock Market Explained When a company goes public, it decides how many units to create, what rights attach to each unit, and who gets which type. SpaceX created two types. Class A is what they sold to the public. Your pension fund, retail investors, institutional buyers — everyone who bought at IPO got Class A. One vote per share. If you own 1,000 shares, you have 1,000 votes. Class B is what Musk holds. He did not buy these at IPO. He held them before the company went public, as the founder. Ten votes per share. If he owns 1,000 shares, he has 10,000 votes. SpaceX has approximately 849.5 million shares outstanding. Musk holds roughly 50% of those economically. ( SpaceX S-1, SEC EDGAR ) In a one-share-one-vote system, 50% of the shares equals 50% of the votes. A large enough coalition of other shareholders — pension funds, institutional investors — could outvote him. In SpaceX's system, his 50% economic stake translates to 85.1% of votes. No coalition of Class A shareholders can outvote him. Ever. The arithmetic does not allow it regardless of how many Class A shares are purchased or by whom. His attorneys wrote it this way because the law permits it. Dual-class share structures are legal in the United States. They are common among technology companies — Google, Facebook, Snap all use versions of it. The legal permission exists because the class of people who benefit from it has successfully argued for decades that founders need protection from short-term investor pressure to make long-term decisions. That argument is the justification. The function is control without accountability. The attorneys who filed the S-1 knew exactly what 10-to-1 voting rights produce mathematically. They chose that ratio deliberately. 85.1% is not an accident of arithmetic. It is the designed outcome of a specific ratio applied to a specific ownership stake. They ran the numbers, chose the ratio that produced permanent unassailable control, and filed it. ( SpaceX S-1, SEC EDGAR ) The public — including every pension fund compelled to buy by the index rule change — was sold Class A. Financial exposure. No governance. The participanten share, in the language that predates this by four hundred years. #wallst #finance #ipo #stockmarket #History

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