SpaceX filing excerpts say Elon Musk would remain chief executive officer, chief technology officer and chairman of the board after an IPO, while retaining 85.1% combined voting power through a dual-class share structure. The disclosures also reported a $4.28 billion loss, identified dependence on Musk as a key risk factor, and showed that his control would be reinforced by super-voting shares that limit outside shareholder influence. Additional Tesla links disclosed in the filing include $131 million in Cybertruck purchases, about 19 million Class A shares held by Tesla, and Tesla Megapack support for a Memphis data center. Together, the details expanded earlier investor concerns that a possible SpaceX IPO could further divide Musk’s attention and affect perceptions of governance, related-company dealings, and management focus across SpaceX and Tesla.