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SpaceX (SPACE) IPO said to hand Elon Musk unchecked power; investor group urges SEC scrutiny. (00:13) GameStop (GME) CEO Ryan Cohen says eBay (EBAY) suspended his account. (01:39) DoorDash (DASH) rallies after pointing to record membership signups in Q1. (02:43)

This is an abridged transcript.

SpaceX (SPACE) has adopted corporate governance policies that will give CEO Elon Musk sweeping authority and limit shareholder rights when it goes public, Reuters reported after reviewing excerpts of the company's IPO registration statement.

The rocket maker is using supervoting shares, mandatory arbitration, stricter ​rules on shareholder proposals and Texas corporate law to give Musk and other insiders broad control, according to the report.

SpaceX (SPACE) also limited investors' ability to challenge management, sue in court and force votes on governance issues.

And Musk can only be fired as CEO and chairman of the board "by the vote of Class B holders," referring to the supervoting shares.

Class B holders will have 10 votes for every Class A share available to everyday investors. Only Musk, his family and certain entities will be eligible to receive Class B stock.

These shares will allow Musk to retain more than 50% of voting power after SpaceX (SPACE) goes public, meaning his removal from the board would effectively require a self-vote. He currently ​has 42.5% of SpaceX's equity and 83.8% of the voting control.

But these policies may not deter investors, who wouldn't want to miss out on what's expected to be the biggest IPO ever and potential returns similar to those of Tesla (TSLA).

GameStop (GME) CEO Ryan Cohen’s eBay (EBAY) account has been suspended, he said in a post on X.

Cohen posted an image with the text “your eBay account has been permanently suspended because of activity that we believe was putting the eBay community at risk”.

We told you on Monday’s edition of Wall Street Breakfast that GameStop (GME) submitted a nonbinding proposal to acquire eBay (EBAY) at $125 per share in cash and stock.

Cohen, in an interview with the TBPN technology show on Tuesday explained that his plan is to increase earnings per share at eBay (EBAY) enough to easily offset any dilution to GameStop (GME) shareholders.

In that interview he also said it “doesn’t make sense” that there’s 11,500 employees at eBay. “It doesn’t need 11,500 employees.”

He goes on to say, "Everyone's always on vacation. They're not available. They have assistants. 'I'll get back to you next week.' Then they never get back to you." "There's no sense of urgency at that company."

DoorDash (DASH) is up 10% in early trading.

The online food delivery company reported total orders increased 27% year-over-year during the quarter to 933M, and Marketplace GOV increased 37% to $31.6B vs. $31.2B consensus.

Healthy consumer demand trends helped drive record membership signups during the quarter.

Revenue increased 33% year-over-year to $4.04B to miss the consensus estimate by $60M.

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Catalyst watch:

• Citi (C) will hold its Investor Day. The event is expected to be a strategy-and-guidance reset for the "post-transformation" bank, with management likely laying out a clearer long-term roadmap for returns, capital deployment, and growth priorities.

• The Carvana (CVNA) 5-for-1 stock split will become effective.

• McDonald's (MCD) will hold its earnings conference call. Lamb Weston (LW) is a major supplier to McDonald's that sees its share price correlate tightly with it on the day earnings are released.

Stock index futures are little changed as investors evaluated the outlook for a potential Middle East peace deal.

Crude oil is down 2.7% at $92. Bitcoin is down 0.5% at $81,000. Gold is up 0.9% at $4,735.

The FTSE 100 is down 0.6% and the DAX is down 0.2%.

The biggest movers for the day premarket: Cross Country Healthcare (CCRN) +27% - Shares soared after announcing it will be acquired by Knox Lane in a $437M all-cash deal.

Economic calendar:

• 8:30 am Jobless Claims

• 8:30 am Productivity and Costs

• 10:00 am Construction Spending

• 3:00 pm Consumer Credit