SpaceX plans to adopt a dual-class stock structure in its IPO to reinforce Musk's control.

SpaceX is considering adopting a dual-class stock structure in its planned IPO this year, a strategy that mirrors the proposal Musk previously made for Tesla. The dual-class stock structure would give certain shareholders shares with extra voting rights, allowing them to dominate company decisions. This move would allow Musk and other insiders to control the company even if they hold a minority of shares. SpaceX plans to launch its IPO in the second half of this year, with the deal potentially raising up to $50 billion.