Anonymous8 days ago
SpaceX is set to debut on the Nasdaq on June 12, 2026 at a $1.75 trillion valuation, offering 555.6 million shares at $135 each in what would be the largest IPO in history. The company has reserved a record 30% of shares for retail investors — roughly triple the industry norm — raising questions about whether the allocation represents genuine wealth democratization or a strategic move to build a loyal, volatility-suppressing shareholder base while Elon Musk retains 85.1% voting control through a dual-class share structure that governance experts have called the least shareholder-friendly in public market history.