SpaceX IPO Filing Lists Musk as Key Risk Factor; Tesla Holds 19M Shares

GateNews
According to The Verge, SpaceX's IPO filing on May 21 listed Elon Musk as a significant risk factor, citing the company's "high dependence" on his leadership. Tesla holds approximately 19 million class A common shares in SpaceX and has agreed to purchase around $131 million worth of Cybertrucks from Tesla at manufacturer's suggested retail price, while using Tesla Megapack energy storage systems to support power stability at SpaceX's data center in Memphis.
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