… or a lot of froth or even fraud because of the way the index providers have done this. And then the third concern I have is that in the ipo, Elon Musk has pulled back on shareholder protections so that, in effect, he has locked himself in as king for life in Space X. And my concern on every one of these is partly about Space X, but it's partly about our markets generally. Our market is the envy of the world. (11:36–11:48)
CLAIM
Asserts that Elon Musk has reduced shareholder protections, effectively securing his control over Space X indefinitely.
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