SpaceX Board Exposed: Musk's Brot...

SpaceX Board Exposed: Musk's Brother Approves $23B Self-Written Pay Package

AI
The Maxi and Honcho Show by Joseph deslauriers
May 29, 2026
15:13

Episode notes

The New York Times investigation reveals how SpaceX's board, stacked with Elon Musk's brother Kimball, longtime friends, and business partners, rubber-stamped a $23 billion pay package using outside shareholders' money. With dual-class shares voting 10 to 1, pension funds and retirement accounts held through Fidelity have effectively zero say in how the company operates, while NASA and Pentagon contracts totaling nearly $6 billion fuel Musk's stock bonuses. Maxi Holler is joined by Hauncho Padre, forensic accountant Chubbaj, civil rights lawyer Karen Crotchfield, tech operator Clara Biggs, and reporter Jimmy Fiddler to break down the fiduciary duty failures, Delaware corporate law violations under Sinclair Oil v. Levian, and the textbook conflicts of interest. The bar regulars weigh in on how a $200 church collection plate gets more oversight than $23 billion in corporate pay. This is a non-monetized community commentary and satire program. Opinions only, no legal advice. Tonight's verse: Proverbs 22:16. Donna Reyes in Pasadena deserves better. One share, one vote. #SpaceX #ElonMusk #CorporateGovernance Watch the full video: https://iframe.mediadelivery.net/embed/672638/bf6fc33c-9fc1-47ad-932f-94e3769aa6cb