Elizabeth Warren urges the SEC to delay SpaceX IPO, citing "significant risks"

[1srelluc]

Sen. Warren calls on SEC to delay SpaceX IPO, flagging concerns about valuation and governance

Sen. Elizabeth Warren noted Elon Musk's "uniquely unchecked" power as SpaceX's majority shareholder and other concerns in a letter to the SEC.

www.cnbc.com

Points

• Sen. Elizabeth Warren called for the SEC to delay SpaceX’s upcoming IPO, citing concerns about the rocket maker’s valuation and corporate governance in a letter shared with CNBC.
• Warren flagged conflicts of interest surrounding Elon Musk’s “uniquely unchecked” power as SpaceX’s majority shareholder.
• SpaceX is set to start trading on Friday.

Her position on Spirit airlines and a potential merger should be enough to know to never take her financial advise.

"Pale face angers the Great Spirit with his rockets." - Elizabeth Warren

It's like anything else.....Caveat emptor.

 

[Toddsterpatriot]

Sen. Warren calls on SEC to delay SpaceX IPO, flagging concerns about valuation and governance

Sen. Elizabeth Warren noted Elon Musk's "uniquely unchecked" power as SpaceX's majority shareholder and other concerns in a letter to the SEC.

www.cnbc.com

Points

• Sen. Elizabeth Warren called for the SEC to delay SpaceX’s upcoming IPO, citing concerns about the rocket maker’s valuation and corporate governance in a letter shared with CNBC.
• Warren flagged conflicts of interest surrounding Elon Musk’s “uniquely unchecked” power as SpaceX’s majority shareholder.
• SpaceX is set to start trading on Friday.

Her position on Spirit airlines and a potential merger should be enough to know to never take her financial advise.

"Pale face angers the Great Spirit with his rockets." - Elizabeth Warren

It's like anything else.....Caveat emptor.

Gray Beaver speak with forked tongue!

 

[marvin martian]

Sen. Warren calls on SEC to delay SpaceX IPO, flagging concerns about valuation and governance

Sen. Elizabeth Warren noted Elon Musk's "uniquely unchecked" power as SpaceX's majority shareholder and other concerns in a letter to the SEC.

www.cnbc.com

Points

• Sen. Elizabeth Warren called for the SEC to delay SpaceX’s upcoming IPO, citing concerns about the rocket maker’s valuation and corporate governance in a letter shared with CNBC.
• Warren flagged conflicts of interest surrounding Elon Musk’s “uniquely unchecked” power as SpaceX’s majority shareholder.
• SpaceX is set to start trading on Friday.

Her position on Spirit airlines and a potential merger should be enough to know to never take her financial advise.

"Pale face angers the Great Spirit with his rockets." - Elizabeth Warren

It's like anything else.....Caveat emptor.

Sounds like she didn't get her usual shot at insider trading on this one.

 

[gtopa1]

Gray Beaver speak with forked tongue!

THAT is NAUGHTY!!!!



Greg

 

[Deplorable Yankee]

I never liked ipos. You can make a lot of money,

They're saying this one's going to f****** Mars......... unlike Elon

 

[Rambunctious]

THAT is NAUGHTY!!!!



Greg

Only its not a grey beaver... its a dead rotting Grey Squirrel.....

 

[TroglocratsRdumb]