SpaceX IPO to grant Musk and insiders super-voting shares: Report

The SpaceX IPO will grant Elon Musk and a small group of insiders super-voting shares that will outweigh other investors, a Reuters report said citing the IPO filing. The report added that SpaceX will use a dual-class equity structure where Class B shares will carry 10 votes each and Class A shares for the public will carry one vote each.