SpaceX evaluates dual-class share structure for massive public offering this year

SpaceX is considering dual-class shares for its 2026 public offering. The firm seeks a valuation over $1.5 trillion while expanding its board of directors.

Insights:
SpaceX is weighing a dual-class share structure as it prepares for a potential initial public offering this year. The specific choice of share classes would determine voting control and corporate governance arrangements for the company, which is currently evaluating the structure of a public offering that could value the firm at more than $1.5 trillion. These deliberations are ongoing, and the plan remains under discussion by the SpaceX board of directors and Elon Musk.
FILE PHOTO: SpaceX's logo and a photo of Elon Musk are seen in this illustration created on December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: SpaceX's logo and a photo of Elon Musk are seen in this illustration created on December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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