X @Herbert Ong
Herbert Ong·2026-04-21 14:23
🚨 SpaceX IPO filing: Musk to retain controlSpaceX plans a dual-class share structure, giving $TSLA CEO Elon Musk and insiders 10x voting power vs public investors.Target valuation: $1.75T with a $75B raise, potentially the largest IPO ever.Financials show $24.8B cash, $92B assets, with Starlink profits funding heavy AI spending ($20B+ capex). ...