TLDR:
- Elon Musk pledges to prioritize Tesla loyalists in future IPOs
- Venture capitalist Vinod Khosla believes dividends should be given to long-term shareholders first
In a social media post, Elon Musk promised to prioritize longtime shareholders of his companies, including Tesla, if any of his private ventures go public. This statement sparked a response from venture capitalist Vinod Khosla, who believes that Tesla’s existing long-term shareholders should receive dividends before outsiders. Musk’s companies, such as SpaceX and Neuralink, have a mix of public and private status, with rumors circulating about a potential IPO for SpaceX’s Starlink project. Khosla, known for his early investment in Open AI, has expressed a desire for longer holding periods for capital gains and rewards based on long-term beliefs. Musk’s company xAI recently secured $6 billion in funding, prompting further discussions about the future of his ventures and priorities for stakeholders.
