SpaceX’s amended S-1/A for its planned Nasdaq IPO says up to 5% of outstanding common shares are reserved for certain employees and for relatives and friends of executives, clarifying the previously reported special allocation. The filing also disclosed a $1.94 billion operating loss for Q1 2026 and said the company may issue a significant amount of stock in future transactions. Separately, if the IPO proceeds, Elon Musk’s shares would be subject to a 366-day lockup period, restricting him from selling after listing.