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The Stock Market Explained When a company goes public, it decides how many units to create, what rights attach to each unit, and who gets which type. SpaceX created two types. Class A is what they sold to the public. Your pension fund, retail investors, institutional buyers — everyone who bought at IPO got Class A. One vote per share. If you own 1,000 shares, you have 1,000 votes. Class B is what Musk holds. He did not buy these at IPO. He held them before the company went public, as the founder
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Greg Abel said at the 2026 Berkshire Hathaway annual shareholders meeting that the company has taken a reserved stance on using and managing artificial intelligence, a stark contrast from other chief executives racing to reorient or rebrand their businesses around the technology. “It has to be additive to our businesses,” Abel said. “We’re not going to do AI for the sake of AI.” Follow along CNBC's live blog for updates at the #linkinbio. #cnbc #berkshirehathaway #warrenbuffett #oracleofomaha
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