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Aug 14, 2026
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Musk Owns 48.4% Stake in SpaceX

OBBM Network Editorial Staff
August 13, 2026
Musk Owns 48 4 Stake In Spacex

Elon Musk, a prominent entrepreneur, has disclosed a 48.4% stake in SpaceX, a company he founded, in a recent regulatory filing. This stake is valued at over $900 billion at current market prices.

Details of the Filing

The filing shows that Musk owns 6.42 billion shares of SpaceX and exercises sole voting and dispositive power over them. His stake comprises 849.5 million Class A shares held by trusts where he is a trustee, 3.92 billion Class B shares held by those trusts, 1.30 billion restricted Class B shares held by Musk, and 350 million Class B shares issuable upon exercise of stock options.

SpaceX, which went public on June 12, has seen its valuation fluctuate since its initial public offering (IPO). The company’s market cap has retreated after the IPO, but its shares have jumped 30% in August following its quarterly results and the expiry of the first of several lockup restrictions.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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