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International Business Times UK
International Business Times UK
Vinay Patel

Musk to Seize Total Control of SpaceX IPO With Absolute 85% Voting Power

Wall Street is bracing for a historic shake-up as SpaceX takes its first definitive step toward a public listing under the ticker 'SPCX.' (Credit: AFP News)

Wall Street is bracing for a historic shake-up as the world's most dominant private space enterprise quietly takes its first major step toward the public markets. Speculation is reaching a fever pitch following a pivotal regulatory move in the US that lays bare the jaw-dropping scale of the company's financial empire.

Yet, while ordinary investors scramble for a piece of the action, a hidden structural twist ensures that the ultimate power over its multiplanetary future remains firmly in a single pair of hands.

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