Transcript
A (0:00)
Foreign. Welcome to Shareholder Primacy from Free Float Media podcast about activist investing, securities law, and all the ways the financial and legal worlds intersect and collide in real life. Ann Lipton and I are here for you, our listeners and followers. Ann Lipton is a law professor at the University of Colorado who teaches and researches securities and business law. She holds up the legal end of the podcast.
B (0:29)
And that's Mike Levin, an activist investor who lives and works in Chicago. He covers the financial side of our podcast.
A (0:34)
All right, what do you want to talk about today? Let's talk about something different or different a little bit. Well, let's talk about SpaceX.
B (0:43)
We haven't talked about. We've talked about the people behind SpaceX.
A (0:47)
Let's not talk. I was going to say we can talk about someone other than Elon Musk, but unfortunately that's going to haunt us.
B (0:52)
Unfortunately. Now that's just crazy talk.
A (0:55)
So. So at Space X we have a glimpse, a hint at what's going on. We will learn so much more so soon, but we will talk about some of what we've already found out. The registration statement isn't public yet, the S1, but from what we've kind of gleaned, we can sort of talk about their attention to and compliance with securities laws.
B (1:21)
Yeah, seems to be a running theme with Elon Musk.
A (1:24)
Yes, correct.
B (1:25)
So we can look at, we can look at what we already know about legal compliance from what has been leaked, and we'll take another look from a different direction at independent directors, how they get on the board and what they might do when they're there.
A (1:40)
Yes, we shall.
B (1:41)
So, okay. And once again, just a reminder, people can email us comments, requests, whatever, at shareholderPrimacy1Wordreefloat LLC.
A (1:52)
All righty, cool. Let's plunge into SpaceX. We were planning on and should and will wait until the registration statement is out to really talk about it. We have learned a couple of things just kind of from reporting and reporting, of course, is code for leaks. You know, people have seen drafts or maybe even the file version. It was solid confidentiality.
