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Ahead of its summer IPO, SpaceX board gave Elon Musk a pay package granting him all voting rights immediately, pushing his control to 85%. This bypasses moonshot targets like building a 1 million-person Mars colony. A potential Tesla buyout would also give Musk 56% voting power over the combined entity.
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Summary by ByteBrief
Musk Backing Rattles SpaceX-Tesla Merger Insiders