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.