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SpaceX IPO Buzz and Control

SpaceX IPO Buzz and Control

The aerospace and satellite company is briefing tech and finance analysts at its Texas and Tennessee facilities ahead of a potential late June trading debut.

Musk increased his stake in SpaceX last year by purchasing $1.4 billion in shares from current and former employees.

The IPO is expected to be the largest in history, drawing intense interest from both institutional and retail investors.

The filing also reveals new stock award plans for Musk if the company's market capitalization reaches $6.6 trillion in the future.