SpaceX IPO filing shows Musk and insiders set to retain voting control after listing

SpaceX's IPO plans aim to strengthen Elon Musk's control through super-voting shares while he retains top leadership roles

SpaceX plans to cement founder Elon Musk's control after its IPO, granting him and a small group of insiders super-voting shares that will outweigh those of other investors. The prospectus, which was filed confidentially this month, provides fresh details of the company's financials and corporate governance.

Upon completion of the offering, Musk will remain Chief Executive Officer and Chief Technical Officer, and will also serve as Chairman of SpaceX's nine-member board of directors.