The move would allow insiders such as Musk to maintain control of the company even with a minority stake. SpaceX recently acquired Musk’s xAI, moving the company beyond its core businesses into artificial intelligence (AI). Under a dual-class structure that gives Musk super-voting shares, the billionaire would establish a bulwark against activist shareholders exerting changes at the company against his wishes. “That’s not so much that I could control the company, even if I go bonkers,” he said in 2024. SpaceX has discussed the feasibility of a tie-up between SpaceX and Tesla, an idea that some investors are pushing, Bloomberg News has reported.

Source: The Edge Markets February 14, 2026 02:21 UTC