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Alexander Stahel, founder / CIO at Commodity Private Equity Fund, highlights SpaceX's proposal for one of the most aggressive corporate governance structures in U.S. history.
The plan seeks to guarantee that Elon Musk cannot be fired and introduces a trillion-dollar pay package conditioned on building a colony on Mars.
Stahel has previously commented on major shifts in commodity and financial markets. He noted that U.S. average retail gasoline prices reached $4.54 a gallon, less than a dollar below the record set in June 2022, in a recent report. In separate commentary, he highlighted concerns about the unprecedented scale of credit risk currently managed by banks.