Aerospace: Elon Musk aims to maintain full control of SpaceX through a dual-class share structure after the company goes public.
🚀 Exciting news! SpaceX has begun its public journey with its IPO filing, revealing Elon Musk's significant control. He'll serve as CEO, CTO, and board chair, holding over 85% voting power. With a dual-class stock structure, Musk aims to keep a tight grip, making SpaceX a "controlled company." This setup exempts it from many public governance rules, ensuring it remains shielded from hostile takeovers. Read more here: [Business Insider](https://www.businessinsider.com/elon-musk-keeps-control-spacex-ipo-voting-rights-governance-2026-5) #SpaceX #ElonMusk #IPO
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