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SpaceX Files $75B IPO Targeting $2 Trillion Valuation, Musk Secures Lifetime Control

2026-04-29 22:51:43

According to Reuters, SpaceX filed confidential IPO paperwork with the SEC on April 1, targeting $75 billion in funding and a valuation of nearly $2 trillion. The filing reveals provisions ensuring Elon Musk maintains unchallenged control over the company even after going public. Musk will hold a majority of Class B super-voting shares, each carrying ten votes, making it impossible for shareholders to remove him as CEO and board chairman without his consent. The arrangement will "limit or preclude your ability to influence corporate matters," the filing warns investors.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Tesla’s stock price is down 17% this year—could its biggest competitor actually be SpaceX?

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