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Live Updates  >  Live Update Details

2026-02-14 02:33:55

SpaceX plans to use a dual-class share structure in its planned IPO this year to consolidate Musk's control. This strategy is modeled after the proposal Musk previously made for Tesla. A dual-class share structure would give certain shareholders shares with additional voting rights, allowing them to dominate company decisions and enabling Musk and other insiders to control the company even if they only hold a minority stake. SpaceX plans to launch its IPO in the second half of this year, and the deal could raise up to $50 billion.

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