Three major U.S. public pension systems raised concerns over SpaceX's 'extreme' ownership and control structure ahead of its planned public listing, pressing Elon Musk to remove provisions that would weaken shareholder protections. The issue centers on governance rather than operating performance, but it could affect investor appetite and IPO pricing if unresolved.
Three major U.S. public pension systems raised concerns over SpaceX's 'extreme' ownership and control structure ahead of its planned public listing, pressing Elon Musk to remove provisions that would weaken shareholder protections. The issue centers on governance rather than operating performance, but it could affect investor appetite and IPO pricing if unresolved.
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