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SpaceX (SPAX) IPO Gives Musk Majority Control While Investors Face Losses, Limited Legal Rights

SpaceX's planned IPO could raise $50 billion, but outside investors may face limited legal rights, analysts said.

SpaceX (SPAX) is inviting public investors to buy into Elon Musk’s vision of AI data centers in space and a human settlement on Mars. The offering comes with significant strings attached, including limited voting rights, restricted ability to sue, and a business that is currently losing billions of dollars annually. Musk’s track record turning Tesla and SpaceX into global giants has earned him a reputation as someone who sees where technology is…

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foreignpolicyjournal.com broke the news on Friday, June 5, 2026.
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