SpaceX Prepares for $75 Billion IPO

The rocket and satellite company is aiming for a late June trading debut, with executives working to woo major institutional investors.

Confidential filings reveal that Musk and a small group of insiders will retain super-voting shares to maintain control of the company post-IPO. The prospectus also includes a plan to award Musk tens of millions of shares if SpaceX's market capitalization eventually reaches $6.6 trillion.

The buzz surrounding the debut has already lifted the broader space investment sector to record highs in the first quarter.