Ryan Mac
speaker
469 appearances
3 recordings
3 series
first heard Mar 2026
last heard 19 Jun
Ryan Mac’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 2.
Appearances
But also, I covered his acquisition of Twitter back in 2022, which was not... And that is not as much of a success.
No.
You know, he bought that company at $44 billion.
At one point, the valuation of the company, as marked down by some of his investors, was down to $10 billion.
Yeah.
But he was able to rescue that company by merging it with, at the time, his AI company, XAI.
And so even though that company has not been a financial success, he's been able to bury that within his AI company, which on paper was quite the success in terms of raising money.
You are, because if you were an investor in his Twitter takeover, you now presumably hold SpaceX shares.
So you're doing quite well for yourself.
And so you think about risk...
And you think about accountability for someone like Elon Musk and the rules of the game are just completely different.
Because with most public companies, public CEOs are accountable to their shareholders.
These shareholders have votes.
And if a company doesn't do well, they can vote against their CEO or pressure the board to take action against the CEO.
Or in some cases, file shareholder lawsuits if they believe something untoward has been done by the CEO or other executives.
Right.
And what Elon Musk has done in this case at SpaceX is remove a lot of the levers for accountability.
I look at the amount of power he has in the company.
He has instituted what we call super voting shares, where the shares he holds have, in this case, 10 to one votes compared to your average share.
He has almost 85% of the voting control in the company.
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