SpaceX’s Nasdaq debut puts Elon Musk’s control structure under a microscope today
The IPO lands on Nasdaq as critics question Musk’s near-absolute ownership, and the filings force boards to look hard.
By Khalid Al-Harbi·· 3 min
67 briefings · “star”
The IPO lands on Nasdaq as critics question Musk’s near-absolute ownership, and the filings force boards to look hard.
A $12B funding round values the physical AI startup at $41B, aiming to automate heavy engineering and drug design.
SpaceX moves from rumor to price point: $135 per share signals a new bar for private-market exits and public-market gravity.
Trading starts June 12 at $135, but analysts are split over a $72-per-share “option premium” on orbital AI dreams.
A small modular nuclear startup cleared the self-sustaining line. Regulators and investors now shift to the next proof point.
SpaceX wants to raise up to $75bn at $135 a share, but critics say the fixed-price deal may leave buyers overpaying before book building even starts.
The filing fixes SpaceX at 555.6 million shares at $135 apiece, while Musk still controls 82.4% of voting power and public buyers get a sliver of the float.