US EditionSpaceX Reportedly Considering Dual Class Shares To Keep Elon Musk In Control After IPO - Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META)
SpaceX aims to raise up to $50 billion via a dual-class IPO to fund AI data centers in space and a lunar factory while preserving Elon Musk's control, sources say.
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SpaceX IPO Poses Existential Threat to AST SpaceMobile, Verizon, and AT&T
Key PointsSpaceX plans to IPO in 2026.SpaceX's Starlink DTC business alone is many times larger than AST SpaceMobile.SpaceX may have begun competing directly with AST partners AT&T and Verizon in internet backhaul.10 stocks we like better than AST SpaceMobile › Sometime in 2026, Elon Musk will hold an initial public offering (IPO) for SpaceX. We don't know precisely when the IPO will happen. But it's becoming increasingly clear that when SpaceX …
SpaceX Reportedly Considering Dual Class Shares To Keep Elon Musk In Control After IPO - Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META)
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 …
In an unexpected move, earlier this month the space company SpaceX announced that it had acquired the artificial intelligence company xAI, owner of the social network X and developer of the conversational bot Grok. According to SpaceX, the new company becomes the most valuable private company in the world. Behind this action seems to be the intention of the founder and owner of both companies, Elon Musk, to put a million satellites into orbit fo…
With the aim of debuting on the stock market at the end of this year, SpaceX, a company of Elon Musk, evaluates implementing a double-class equity structure in its initial public offer (OPI), as part of a strategy to strengthen its founder’s control over the company. According to information reported by Bloomberg, the structure would contemplate two types of shares: one with ordinary voting rights and the other with higher voting power, which wo…
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