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How Elon Musk will increase his power through the SpaceX IPO

TechCrunch · May 21, 2026, 7:35 PM · Also reported by 4 other sources

Musk, who will have more than 50% of the voting power, will have a monarchical grip over the publicly-traded version of SpaceX — control that goes far beyond what other tech founders enjoy.

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Also covered by

BBC Business Elon Musk's SpaceX postpones Starship launch MarketWatch Elon Musk’s xAI is draining SpaceX’s cash, with little to show for it CNBC Will Elon Musk eventually merge SpaceX with Tesla? Speculation is building Bloomberg Tech Musk Taps SpaceX’s Financial Power to Cut Interest Costs in Half

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