SpaceX’s IPO, the largest in history, dramatically increases Musk’s personal wealth and broadens his power over the global economy, worrying critics.

In an updated IPO prospectus, SpaceX said that up to 5% of stock being offered by the company in the offering will be available in a direct share program.

One thing is clear: SpaceX is now subject to significant public disclosures, and it will conduct much more of its business in the public eye. Although Musk retains complete autonomy in terms of ownership and voting rights, he will now be beholden to shareholders in a very important way: the price of his company’s stock.

The Space Force also recently awarded Viasat and SES contracts worth a combined $437.6 million to build a small geostationary (GEO) X-band and military Ka-band military communication satellite network designed to withstand jamming and cyber threats, as part of the Protected Tactical Satcom-Global (PTS-G) program.

Stock compensation is rocket fuel for employees of SpaceX. Its IPO will make many of them millionaires. Here's what I learned about their stock comp in the IPO filing.

Musk can't sell SpaceX IPO stock for a year. The investors he personally picked face no lockup and can sell Thursday, and plan to do so.

SpaceX has won a lucrative contract to provide the US military with a means of distributing space-based sensing and targeting data, forming the “backbone” of a rearchitected network after separate Pentagon initiatives stalled,

SpaceX has received a $4.16 billion Space Force OTA to develop a space-based airborne target tracking capability for the Joint Force.

SpaceX's IPO may create opportunities beyond the stock itself by strengthening the broader ecosystem of lunar, satellite, and communications companies tied to the expanding space economy.

Elon Musk once gave SpaceX less than a 10% chance of surviving.

Elon Musk’s space and AI company is going public in what could be one of the biggest IPOs in history. Follow live updates here.

SpaceX shares soared on Friday, propelling the rocket company's valuation above $2 trillion, as trading commenced on the Nasdaq after a record-setting initial public offering. The Elon Musk -led space company's stock jumped more than 19% to $160.