Explainer - From Meta to SpaceX: How dual-class shares keep founders in control

By Niket Nishant and Manya Saini May 22 (Reuters) - The dual-class share structure outlined in SpaceX's IPO filing, which ...
The Conversation

The founder kings of Silicon Valley: Dual‑class stock gives US social media company controllers nearly as much power as ByteDance has over TikTok

When Congress passed a law in 2024 to ban TikTok unless it came under U.S. ownership, lawmakers argued that the app’s Chinese parent company posed national security concerns. The Trump administration, ...

SpaceX's IPO will ensure Musk's control, even as a public company

SpaceX plans to employ a dual-class equity structure that would give Class B shareholders 10 votes per share, helping CEO ...

From Meta to SpaceX: how dual-class shares keep founders in control

The dual-class share structure outlined in SpaceX's IPO filing, which grants CEO Elon Musk outsized control, has revived one of Wall Street's oldest debates - that of corporate governance.