• wabasso@lemmy.ca
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    1 day ago

    One of the things I heard Musk say was that it shouldn’t be possible for a non-profit to just be converted into for-profit. Have to agree with him on that.

    • UnderpantsWeevil@lemmy.world
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      1 day ago

      Musk was upset that his control over the company would be ceded to a broader pool of public investors. He’s got no problem with privatization and securitization when it fattens his wallet.

      • wabasso@lemmy.ca
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        48 minutes ago

        That indeed helps maintain a more consistent picture of how he’s a douche. Still sucks a benevolent founder of a non-profit can’t stop enshittification in the long run.