Filings describe Elon Musk’s super-voting stake and up to $1.1 trillion in awards, while a Hyperliquid prediction market implies a $2.15 trillion valuation; separate reports cite a possible $75 billion IPO and governance concerns.
Ahead of a potential SpaceX public listing, company filings say Elon Musk could receive stock awards worth up to $1.1 trillion if SpaceX meets milestones including a $7.5 trillion valuation, a permanent Mars colony of 1 million people and a 100-terawatt annual-compute data center. The filings also say Musk already holds 1.3 billion Class B super-voting shares worth about $175 billion at an approximately $1.75 trillion valuation, while separate reports mention a possible $75 billion IPO and skepticism about multitrillion-dollar growth expectations, and a Hyperliquid prediction market priced SpaceX at about $166 a share, implying roughly $2.15 trillion with about $66.6 million of open interest across 4,528 traders, an 85:15 long-short split and more than $450 million in cumulative volume.