A significant power struggle just played out in the U.K. investment trust space. Boaz Weinstein, the activist investor, attempted to overhaul the board and install his own slate of directors, but shareholders had other plans—they overwhelmingly voted down his proposal. The stakes? A substantial portfolio of SpaceX shares held by the trust, making this battle far more than just corporate theater. For those tracking where premium tech assets are held and how institutional decisions shape access to high-growth opportunities, this vote signals that existing stewards retained investor confidence despite the challenge. The outcome underscores how volatile control battles can be, especially when billion-dollar holdings hang in the balance.