Musk, who will have more than 50% of the voting power, will have a monarchical grip over the publicly-traded version of SpaceX — control that goes far beyond what other tech founders enjoy.

SpaceX will keep Elon Musk as CEO, CTO, and chairman post-IPO, with a dual-class share structure giving him 79% voting control at a $1.75T valuation.

Musk will serve as the company's CEO, chief technical officer, and chairman of its board. He'll also control the election of the board of directors.

Investors who buy SpaceX shares will have almost no ability to force Elon Musk out of his company.

Musk, who will have more than 50% of the voting power, will have a monarchical grip over the publicly-traded version of SpaceX — control that goes far beyond what other tech…

Musk, who will have more than 50% of the voting power, will have a monarchical grip over the publicly-traded version of SpaceX — control that goes far beyond what other tech…

SpaceX will reportedly allocate 30% of shares to retail investors, betting on the CEO’s loyal base of investors—and putting Tesla under more scrutiny.

Elon Musk has the largest stake in SpaceX by billions of shares. The other biggest shareholders also have longstanding and deep ties to Musk.

Elon Musk has mandated two classes of shares, binding arbitration, and many other policies shareholder advocates hate in the Space X S-1.