Legal shifts in Texas and Delaware leave Elon Musk's SpaceX-Tesla merger and Meta's new non-voting share plan better prepared to fend off shareholder lawsuits
THE SO WHAT
Texas and Delaware legal shifts that shore up mega-mergers and non-voting share classes tilt more power toward founder-led governance. If you’re structuring a late-stage cap table or dual-class plan, the jurisdictional choice just became a more strategic lever than the headline valuation.
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