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After SpaceX's IPO, CEO Elon Musk Will Control 82.4% of the Company's Voting Power. Is That Good for Investors?

The Motley Fool·
After SpaceX's IPO, CEO Elon Musk Will Control 82.4% of the Company's Voting Power. Is That Good for Investors?

SpaceX's IPO on June 12, 2026 will raise $75 billion at $135 per share, valuing the company at $1.77 trillion. Despite the public offering, Elon Musk will retain 82.4% of voting power, giving him unassailable control. While this concentration of power poses governance risks, Musk's significant personal stake aligns his incentives with shareholders, and his track record as a technological visionary has created substantial valuation premiums for his companies.

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