CNBeta — 2026-05-15#
Top Story#
According to multiple reports, SpaceX is accelerating its IPO timeline, targeting a Nasdaq pricing as early as June 11, which pushes ahead of Elon Musk’s original late-June timeline. The massive $1.75 trillion IPO comes with extreme corporate governance rules designed to ensure Musk cannot be ousted by investors. The S-1 filing reveals that Musk controls at least 40% of the equity and over 80% of voting rights through super-voting B-class shares, effectively shielding his control over the company’s ambitious Mars colonization targets while institutional investors line up for what could be the largest public offering in history.