Elon Musk and a few insiders will maintain voting control over SpaceX through a dual-class share structure after the IPO.

The prospectus shows that Elon Musk and a few insiders will have voting control over SpaceX through a dual-class share structure after the IPO. SpaceX’s cash holdings, which exceeded $11.4 billion by the end of 2024, have doubled to over $22.8 billion.

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