SpaceX Considers Dual-Class IPO Shares to Empower Elon Musk

• SpaceX is reportedly weighing a dual-class share structure for its upcoming IPO, a strategy previously floated by Elon Musk for Tesla Inc.
• This structure would grant select shareholders, including Musk, extra voting power, allowing them to maintain control despite holding a minority stake.
• The company is also adding board members to guide the IPO and advance Musk's ambitious space plans, including AI data centers in space and a moon factory.
• SpaceX aims for a $50 billion IPO this year to fund these ventures and recently acquired Musk's xAI, expanding into artificial intelligence.
• Dual-class shares are common among tech giants like Meta and Alphabet, often used to allow founders to pursue long-term visions without activist shareholder interference.