Forget ‘TechnoKing’: Elon Musk Will Really Be King at SpaceX The IPO filing for SpaceX has revealed an unprecedented level of control that Elon Musk wields over one of the world's most valuable companies.
While his dominance at Tesla is well documented, his grip on SpaceX takes it to a new level. In fact, Musk's control extends far beyond mere influence.
Musk will hold more than 50% of the voting shares after the IPO, allowing him to decide any matter requiring shareholder approval.