Meta's share structure gives Zuckerberg's next 20 generations control: Musk
Tesla CEO Elon Musk said Meta's share structure gives control of the company to "the next 20+ generations of" CEO Mark Zuckerberg. "It's weird that a crazy multi-class share structure like Meta...is fine pre-IPO, but even a reasonable dual-class isn't allowed post-IPO," Musk said. He made the remarks while talking about him wanting at least 25% voting control in Tesla.