SpaceX IPO Buzz Grows

Founder Elon Musk and top insiders plan to retain voting control of the company through super-voting shares, according to excerpts from the confidential filing.

The IPO prospectus also reveals that SpaceX President Gwynne Shotwell earned $85 million last year, while Musk increased his stake by purchasing $1.4 billion in shares from employees.

Analysts are being briefed at SpaceX's Texas launch facility and Tennessee data center to assess the company's valuation, which some believe could eventually reach $1.75 trillion.

The move comes as the space sector sees record investment, fueled by the success of the Starlink satellite network.