Which, to be fair, is precisely what they said they would do. So if you didn't believe them, and imagined they'd do something else... well, I guess you were wrong about that.
Musk isn't much better and doesn't seem to have ever held a job for more than 6 months at a company he didn't own.
I've worked at companies after a leveraged buyout and it is the corporate equivalent of the third world. I hope the oligarchs enjoy their spoils while the money their printed on still has value.