Devina Mehra: Musk will wield outsized power over SpaceX while public investors will have little say
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
This share issue will leave founder Elon Musk with near total control over SpaceX with very meagre rights for new allottees. Investors won’t be able to rely on the checks and balances of corporate governance that they usually take for granted.
Key Facts
Type Policy
Source Livemint - Opinion
Published Wednesday, 10 June 2026
Affected Population 1.4 billion consumers, 300 million without reliable power
Key Numbers
500 GW non-fossil fuel capacity target by 2030
Saubhagya: 100% household electrification
175 GW renewable energy installed (2025)
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right