A New SEC Filing Reveals Exactly How Many Shares of SpaceX Elon Musk Owns. Here's Why It Matters.
Motley Fool·
- Recent SEC filings reveal that Elon Musk controls 6.4 billion shares, or 48.4%, of SpaceX, granting him over 85% of the total voting power due to high-voting Class B shares.
- This dominant voting control allows Musk to execute major acquisitions and potentially pursue a merger between SpaceX and Tesla while maintaining unilateral control over the combined entity.
- Such strategic maneuvers and acquisitions could offer significant premiums to Tesla shareholders while potentially diluting value for existing SpaceX investors.
