SPACEX EYES DUAL-CLASS IPO TO LOCK IN MUSK CONTROL SpaceX is weighing a dual-class share structure for its planned IPO, a move that would give Elon Musk super-voting power and preserve control even with a minority stake. The structure mirrors models used by major tech firms and would shield the company from activist investors. The rocket and satellite maker is also expanding its board ahead of a potential IPO later this year that could raise up to $50 billion. Proceeds may fund space-based AI data centers and a lunar factory, following SpaceX’s acquisition of Musk’s xAI. Details remain under discussion. Musk has previously backed dual-class structures, arguing they protect long-term vision, and has sought similar voting control at Tesla.(*Walter Bloomberg)