Comment on How do shares work? How does musk control twitter if he only owns 9% of the shares?
Stern@lemmy.world 2 months ago
Companies can have shares in multiple ways. For example, voting and non-voting.
Alternately, a company can have shares that get more votes then others, so the owner of a company could, say, have 10% of shares, but those shares have 10x voting power. Thats how the WWE used to be before it was bought out.