Musk Owns 48.4% of SpaceX, Controls 82% of Votes, SEC Filing Shows
Elon Musk holds 48.4% of SpaceX and over 82% of voting power, per a new SEC filing.
Elon Musk owns 48.4% of SpaceX and holds more than 82% of the company's voting power, according to a recent filing with the U.S. Securities and Exchange Commission. The filing provides one of the most detailed public disclosures yet of Musk's ownership in the private space firm.
Based on SpaceX's latest valuation of around $2 trillion, Musk's stake is estimated to be worth more than $900 billion, making it a significant portion of his overall wealth.
Filing Highlights
- Musk owns a 48.4% interest in SpaceX
- His voting power exceeds 82% of total votes
- The stake's value tops $900 billion
- SpaceX is valued at approximately $2 trillion
SpaceX is privately held, and ownership details are rarely disclosed. The SEC filing offers a rare glimpse into the company's equity structure and Musk's dominant control.
Musk also leads Tesla and owns the social media platform X. His financial moves are often watched closely by cryptocurrency markets, given his past endorsements of Dogecoin and his history of influencing digital asset prices.