SpaceX IPO Proposal Would Shield Musk From Removal, Tie $1 Trillion Pay to Mars Colony
SpaceX's proposed IPO governance structure is intended to ensure Elon Musk cannot be fired and would link a potential $1 trillion pay package to building a colony on Mars, the Financial Times reported. The details add to earlier reporting that the listing is designed to preserve Musk's control.
SpaceX could publicly disclose its prospectus as soon as next week after confidentially filing in April, CNBC reported earlier, with a roadshow expected to begin June 8. Reports have put the offering at about $70 billion to $75 billion, a size that would surpass Saudi Aramco's 2019 share sale and rank as the largest IPO on record.
From the sources (11 posts)
@cnbcSpaceX IPO prospectus could land as soon as next week, sources say
@wallstengineSPACEX IPO PROSPECTUS COULD DROP AS SOON AS NEXT WEEK CNBC reports SpaceX is planning to publicly disclose its IPO prospectus as soon as next week. The company confidentially filed in April. The roadshow is expected to begin June 8. Spa
@stocksavvyshaySPACEX IPO PROSPECTUS COULD HIT AS SOON AS NEXT WEEK
@deitaoneSPACEX IPO PROSPECTUS COULD LAND AS SOON AS NEXT WEEK, SOURCES SAY - CNBC
@stockmktnewzSpaceX is reportedly planning to publicly disclose its IPO prospectus filing AS SOON AS NEXT WEEK - CNBC
@unusual_whalesBREAKING: SpaceX is reportedly to publicly disclose its IPO prospectus filing as soon as next week, per CNBC
@polymarketmoneySPACEX'S IPO PROSPECTUS COULD HIT AS SOON AS NEXT WEEK
@stocktwitsJUST IN: SpaceX IPO prospectus could land as soon as next week, via CNBC
@ftSpaceX IPO set to lock in Musk’s control with Mars-linked pay deal
@burggrabenhThe Mars is the limit SpaceX proposed one of the most aggressive corporate governance regimes in US history, intending to guarantee Elon Musk cannot be fired and offering a trillion-dollar pay deal linked to building a colony on Mars. http
@burggrabenhMars is the limit SpaceX proposed one of the most aggressive corporate governance regimes in US history, intending to guarantee Elon Musk cannot be fired and offering a trillion-dollar pay deal linked to building a colony on Mars. https://