The now-public S-1 prospectus shows Musk controls roughly 79% of SpaceX’s votes despite owning approximately 42% of its equity, a gap created by a dual-class share structure. The company is targeting a June listing at a $1.75 trillion valuation, a raise of up to $75 billion, and an unusually large 30% retail investor allocation. SpaceX’s […]
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Courtesy of Robert Rosenkranz
This as-told-to essay is based on a conversation with Robert Rosenkranz, the 83-year-old chairman of Delphi Capital Management, about his daily routine. It's been edited for length and clarity.
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