SpaceX’s IPO filing reported a $4.28 billion loss and said the company is highly dependent on Elon Musk, identifying his leadership as a key risk factor. The document also shows Musk preserved control through super-voting shares, a structure that can limit outside shareholder influence. In addition, the filing disclosed $131 million in Cybertruck purchases from Tesla, said Tesla holds about 19 million Class A shares, and noted Tesla provides Megapack battery support for a Memphis data center. Together, the disclosures highlight financial losses, concentrated governance, and related-company ties that investors may weigh when assessing confidence, capital access, and future competitive positioning.