Comment on How do shares work? How does musk control twitter if he only owns 9% of the shares?

NeoNachtwaechter@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

Ex-Twitter isn’t a good example of how shares work in general. For this company, I recommend the wiki here: en.m.wikipedia.org/wiki/X_Corp.

To your other question: if you own >50% then the others have no real say anymore. If you own less than 50% then you can still try to convince them of your ideas, and in practice, there is often one who commands and the others follow.

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