SpaceX Reportedly Considering Dual Class Shares To Keep Elon Musk In Control After IPO
Yahoo Finance·2026-02-17 15:31
SpaceX is reportedly eyeing a dual-class share structure for its highly anticipated IPO later this year. The move would let billionaire founder Elon Musk maintain iron-grip control over the rocket maker even as he taps public markets for cash. The two-tier setup mirrors a strategy Musk has publicly championed for Tesla Inc (NASDAQ:TSLA), giving select insiders supervoting shares that dominate corporate decision-making. Critics say the structure shields executives from accountability, but Musk has long a ...