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SpaceX IPO Nears as Reports Flag Tight Musk Control and Big Retail Slice

The deal could set a test for retail access under tight founder control.

Overview

  • SpaceX has confidentially filed for an initial public offering with the Securities and Exchange Commission, according to recent reports.
  • Press accounts say a prospectus could post in late May with a roadshow in early June and a listing a few weeks later.
  • Reuters has reported targets of up to $1.75 trillion in value with as much as 30% of shares set aside for retail buyers.
  • Reporting based on internal documents says the terms would limit investor challenges and give Elon Musk near‑unchecked authority over the company.
  • Semafor reports activist groups are pressing for stronger oversight, with some urging an investor boycott of the listing.