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fortunately the passive investor bagholding didn’t work, the price sliced straight through their forced buying pressure and only created more shortable shares, as people without share lending sold to passive funds that do

Corruption that stands out to me would be regarding starlink, Elon got the FCC to change power emission rules to hamper competitors with better satellites, but the competitors were able to comply and offer a better service still, while starlink’s existing fleet cannot. meaning elon still would actually have to compete and make a new starlink fleet, which he is doing now. (Basically competitors dont need a base station, and future starlink wont meed a base station either, direct to device ubiquity high speed service is coming) but before that path, he then tried to get an exception from the fcc regulation he promulgated, which was extremely grimy. The fcc didn’t go along.

> Elon got the FCC to change power emission rules to hamper competitors with better satellites

Didn't SpaceX petition to lessen the rules around geostationary power limits? Why would less rules be corruption? Because it disfavors legacy incumbents? Amazon also benefited from the new rules.

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