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Supervoting Shares Tighten Musk's Iron Grip on SpaceX

Elon Musk owns more than 93% of SpaceX Class B shares

Elon Musk owns 93.6% of SpaceX's Class B stock, which ensures the world's richest man controls the company. Musk also owns 12.3% of the company's Class A stock. And close friend and longtime business associate Antonio Gracias,

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Explainer-From Meta to SpaceX: how dual-class shares keep founders in control

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How Supervoting Shares Tighten Musk’s Iron Grip on SpaceX

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SpaceX Is Aiming for Civilization on Mars. Its IPO Couldn’t Be More Old School.

SpaceX has created a space-based internet that connects the world, is developing data centers that will harness the Sun to power a truth-seeking AI, and hopes to bring manufacturing to the Moon and ci...

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The craziest part of SpaceX's IPO is also the most important

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Inside Space X's IPO plan

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Next stop Mars: Musk picks billionaire to command Red Planet mission

Chinese-born Chun Wang, 43, is teaming up with Elon Musk’s SpaceX for the two-year private mission, which aims to make a flyby of the Red Planet.

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SpaceX, OpenAI valuations could mean they leapfrog Berkshire Hathaway on first day of trading

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SpaceX Is Lining Up a Huge IPO. The Numbers Show That Big Deals Don't Guarantee Big Returns.

Elon Musk's plan to keep complete control of SpaceX even after it goes public

Musk will serve as the company's CEO, chief technical officer, and chairman of its board. He'll also control the election of the board of directors.

Musk’s Supervoting Stock Gives Him 85% Control of SpaceX

Musk controlled 85% of the voting power at SpaceX on May 1, thanks to supervoting Class B shares that give insiders 10 votes for every share, compared with one vote for each Class A share being sold to the public.

News24

Meta to SpaceX: How dual-class shares keep founders in control

The dual-class share structure outlined ‌in SpaceX’s initial public offering (IPO) filing, which grants CEO Elon Musk outsized control, has revived one of Wall Street’s oldest debates — that of corporate governance. While such structures are hardly ...