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Futurism

NASA Has a Major Problem Threatening Its Entire Moon Plans SpaceX Stock Has Fallen So Far That Elon Musk Is No Longer a Trillionaire SpaceX Launches Secretive New Spacecraft Shaped Like Flying Saucer SpaceX Stock Has Officially Fallen So Far That It's Below Where It Started Tech Stocks Are Abruptly Collapsing SpaceX Just Had Its Worst Day of Trading Yet Musk Furious After SpaceX Stock Gets Worst Possible Report Card SpaceX Investors Are Losing a Colossal Amount of Money Tension Flared on Space Station as Russia Threatened to Drill and Saw Into Wall, Prompting NASA Astronauts to Take Shelter Elon Musk's Conflicts of Interest With the Trump Administration Regulating SpaceX Are So Profound That They Have Grim Implications for Society SpaceX Stock Has Officially Fallen All the Way Down to the Low $170s SpaceX Stock Had Quite a Bad Night Wall Street Terrified That SpaceX Investors Will Dump Their Stocks SpaceX Stock Now in Rapid Decline SpaceX Stock Has Now Started to Fall NASA Loads Moon Rocket onto Giant Trump-Branded Train Eighty Residents Sue SpaceX, Saying Elon Musk’s Constant Rocket Launches Are Literally Destroying Their Homes SpaceX’s IPO Shows That We Aren’t Even Close to Peak AI Bubble The More Data We See About SpaceX’s IPO, the More We’re Wincing NASA’s Next Moon Mission Is a Rube Goldberg Machine of Corporate Failure Points The Math on SpaceX’s IPO Is Virtually Impossible It’s Possible That SpaceX Could Collapse Spectacularly SpaceX Is Massively Overvalued Ahead of Its IPO, Analysts Find Trump Shovels $4 Billion Directly to Elon Musk, Who Spent a Fortune Getting Him Elected Elon Musk Furious at Starlink Being Used for American Suicide Drones NASA Releases Sweeping Plans for Moon Base Research Paper Warns That There’s a Massive Experiment at Work to Geoengineer the Earth’s Climate SpaceX Announces Plans to Put Billionaire on First Rocket to Mars SpaceX Stock May Actually Be a Horrendous Investment Elon Musk’s Ex Says He Bragged About 10,000 Lasers in Orbit That Are “Not a Piece They’ll See on the Chess Board” Worker Dies at Starbase as SpaceX Rushes Toward Starship Launch If Starship Explodes Again, It Could Derail SpaceX’s Entire IPO SpaceX Bombarded With Lawsuits to Accusing Starship of Damaging Homes Explosion Reported on Site as SpaceX Prepares Starship for Another Launch Jeff Bezos’ Moon Lander Just Completed a Key Test NASA’s Moon Landing Schedule Slipping Horrendously Under Trump NASA Fires Up Futuristic Plasma Thruster Designed to Take Us to Mars An Out of Control SpaceX Rocket Is Going to Smash Into Moon, Astronomer Says Elon Musk Fans Increasingly Disgusted by His Toxic Outbursts SpaceX Admits AI Data Centers in Space May Be a Really Terrible Idea Jeff Bezos’ Botched Space Launch Was So Bad It Could Threaten NASA’s Entire Moon Program Pentagon Disturbed as Its Fleet of Drones Is Left Bobbing in the Ocean When Elon Musk’s Starlink Fails Elon Musk Secretly Shared His Number One Priority at Tesla and It Really Says It All There’s a Blinking Warning Sign for the Data Centers in Space Industry SpaceX Files for IPO
SpaceX’s IPO Plan Will Give Elon Musk Ironclad Rule Over the Resulting Empire
Joe Wilkins · 2026-04-24 · via Futurism

Close-up black and white portrait of a Elon Musk with a serious expression, set against a vibrant red background with a grid pattern and a large light blue circle behind his head.

Illustration by Tag Hartman-Simkins / Futurism. Source: Harun Ozalp / Anadolu via Getty Images

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When SpaceX makes it debut on the stock exchange later this year, experts expect it to be the largest public offering in financial history. Should that audacious prediction come to pass, it would widen Elon Musk’s lead over the next-richest person into an unfathomable chasm, and cement him as one of the most powerful men in modern history.

It’s also sounding like the financial maneuver will give him an ironclad grip over the resulting empire, which includes xAI and X-formerly-Twitter. According to an IPO prospectus filed with the Securities and Exchange Commission and unpacked by Reuters, once the company goes public, Musk will serve as CEO, CTO, and chairman of SpaceX’s nine-seat board of directors.

The company will pursue a dual-class equity structure, under which legacy investors like Musk will receive 10 votes each, while public shareholders only get one. In other words, Musk’s mammoth slice of the pie — though it only adds up to 42 percent of the company — will give him a stranglehold over the behemoth aerospace enterprise.

Given the equity Musk already holds — he bought $1.4 billion in stock last year alone — he stands to make billions once the shares debut on the market (SpaceX is said to be targeting a whopping $1.75 trillion valuation, coupled with a $75 billion fundraise, according to Reuters.)

Shareholders sweetened the pot even further with Musk’s latest pre-IPO compensation package, which includes a reward of 60 million in shares. In order to claim the prize, however, SpaceX will need to check two boxes: the company will have to reach a valuation of $6.6 trillion, and will have to fulfill Musk’s fantasy of putting a data center in space.

While the first stipulation could satisfy itself in today’s topsy-turvey stock market, the second task will take some doing — if it’s even possible in the first place.

More on SpaceX: Pentagon Disturbed as Its Fleet of Drones Is Left Bobbing in the Ocean When Elon Musk’s Starlink Fails