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SpaceX’s public IPO filing confirms Musk and insiders retain dominant voting control

SpaceX’s public IPO filing confirms Musk and insiders retain dominant voting control — AI-generated illustration
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The now-public S-1 prospectus shows Musk controls roughly 79% of SpaceX’s votes despite owning approximately 42% of its equity, a gap created by a dual-class share structure. The company is targeting a June listing at a $1.75 trillion valuation, a raise of up to $75 billion, and an unusually large 30% retail investor allocation. SpaceX’s […] This story continues at The Next Web

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This article was compiled by GlobalSell News from publicly available reporting and has been edited for clarity and length. For full details, read the original source.

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