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Elon Musk to Retain 84% Voting Control After SpaceX IPO
Bloomberg's Michael Hytha discusses SpaceX's record-breaking IPO and why Elon Musk will be retaining 84% voting control after the company goes public.
Elon Musk is steamrolling Wall Street to become a trillionaire
Today on Decoder, I’m talking to Ryan Mac, a technology reporter at The New York Times and coauthor of the excellent book Character Limit: How Elon Musk Destroyed Twitter, which came out in 2024. I can’t recommend it enough. I wanted to have Ryan on the show because we’re on the cusp of the SpaceX IPO, which promises to be one of the most consequential public offerings in history for a variety of reasons — its biggest-ever size, of course, at nearly $2 trillion dollars, but also because all...
SpaceX IPO Filing Reveals Favorable Terms for Elon Musk
Central to Elon Musk’s power over SpaceX is his control of “super voting” shares.
SpaceX IPO Filing Reveals Favorable Terms for Elon Musk
Central to Elon Musk’s power over SpaceX is his control of “super voting” shares.
SpaceX officially set to crush global records in targeting massive IPO haul of up to $86 billion
Elon Musk will hold more than 80% of the voting power of SpaceX shares, cementing his control over the company.
Louisiana Republicans pass new electoral map that guts majority-Black district
Louisiana Republicans have approved a new congressional map that eliminates a majority-Black district, following a Supreme Court ruling that found a previous map violated the Voting Rights Act. The revised map is expected to shift control of Louisiana's six congressional seats to the Republican party, moving from a 4-2 split to a likely 5-1 majority. The bill is now awaiting signature from Republican Governor Jeff Landry.
SpaceX aims to raise record $75 bn in stock market debut
SpaceX aims to raise record $75 bn in stock market debut Andrew Zinin Lead Editor SpaceX, the rocket and satellite company led by US billionaire Elon Musk, aims to raise approximately $75 billion in a record initial public offering, the company said in a regulatory filing on Wednesday, valuing the company at $1.765 trillion. SpaceX said it will put up for sale 555,555,555 shares at an initial price of $135 each. Should the IPO proceed, Musk's company would shatter the fundraising record...
SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion
SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion SpaceX, Elon Musk’s rocket and satellite company, said on Wednesday it plans to raise about $75 billion in an initial public offering, valuing the company at $1.765 trillion. The company will offer 555.6 million shares at $135 each, surpassing Saudi Aramco’s record $25.6 billion IPO in 2019. SpaceX, the rocket and satellite company led by US billionaire Elon Musk, aims to raise approximately $75 billion in a record initial public...
Participation Costs Narrow Democratic Cooperation
arXiv:2605.30566v1 Announce Type: new Abstract: Collective action often requires institutions that make cooperation individually worthwhile. We ask whether democratic allocation of public-good return can transform a repeated public good into a self-sustaining cooperative institution, and how participation costs reshape that process. A simple evolutionary model shows that voted redistribution can support a prosocial allocation order, but can also sustain an antisocial allocation order or...
SpaceX IPO this week: 10 things to know before Musk's firm goes public
SpaceX is preparing for a stock market debut that could become the largest initial public offering in history. The Elon Musk-led company is seeking to raise about $75 billion at a valuation of roughly $1.75 trillion, a figure that would place it among the most valuable publicly traded companies in the world from day one. The offering has already attracted significant investor interest, with reports suggesting demand has exceeded the shares currently available.