SpaceX IPO 给予马斯克不受限制的权力以及禁止投资者提起诉讼 ---------------------------------- [](/search?tid=54) [Edwards](/~Edwards) (42866)发表于 2026年05月07日 19时32分 星期四 [新浪微博分享](//service.weibo.com/share/share.php?url=//www.solidot.org/story?sid=84234&appkey=1370085986&title=SpaceX%20IPO%20%E7%BB%99%E4%BA%88%E9%A9%AC%E6%96%AF%E5%85%8B%E4%B8%8D%E5%8F%97%E9%99%90%E5%88%B6%E7%9A%84%E6%9D%83%E5%8A%9B%E4%BB%A5%E5%8F%8A%E7%A6%81%E6%AD%A2%E6%8A%95%E8%B5%84%E8%80%85%E6%8F%90%E8%B5%B7%E8%AF%89%E8%AE%BC) [](javascript:void(0);) **来自继位之争** 根据 SpaceX 的 IPO 注册申报文件，SpaceX 组合超级投票权、强制仲裁等规则赋予马斯克（Elon Musk）等人广泛的控制权，马斯克拥有几乎不受制约的执行权，还限制了投资者/股东挑战管理层、提起诉讼以及就公司治理问题进行投票的能力，结果是唯一能解雇马斯克的人只有马斯克本人。马斯克目前持有 SpaceX 42.5% 的股权，拥有 83.8% 的投票权，上市后仍将有逾 50% 的投票权。SpaceX 的 IPO 文件属于保密文件，使得该公司可在不披露详细财务信息的情况下推进 IPO 进程 ... https://arstechnica.com/tech-policy/2026/05/report-spacex-ipo-gives-musk-unchecked-power-and-forbids-investor-lawsuits/

May 20, 2026 5:43 PM The long-awaited documents SpaceX filed with US regulators Wednesday included details about a lucrative deal to lend GPUs to a major AI rival.  Photograph: AaronP/Bauer-Griffin/Getty Images Anthropic has agreed to pay SpaceX $1.25 billion per month through May of 2029 for access to [cloud computing](https://www.wired.com/tag/cloud-computing/) infrastructure, a long-awaited US regulatory filing revealed on Wednesday. In other words, Anthropic will be sending a rival artificial intelligence lab roughly $15 billion a year, an extraordinary sum that demonstrates how access to compute has become one of the defining bottlenecks in the race to develop advanced artificial intelligence. Anthropic and SpaceX [announced a deal earlier this month](https://www.wired.com/story/anthropic-spacex-compute-deal-colossus/) that gives the Claude developer access to GPUs at Colossus and Colossus II, a pair of data centers straddling Tennessee and Mississippi with more than one gigawatt of computing power. SpaceX [had rushed to build](https://www.wired.com/story/xai-adds-19-new-gas-turbines-despite-ongoing-lawsuit/) the facilities for its xAI unit, which develops the Grok AI chatbot, but Musk said his company didn’t need all of their computing capacity in the end. Terms of the deal had not been previously disclosed. Anthropic is paying an unspecified reduced fee for May and June before the $1.25 billion per month rate takes effect, SpaceX said in its S-1 regulatory filing. The eye-popping figure is a sign of how hungry Anthropic is for computing resources needed to power products like its increasingly popular AI coding tools. The company’s revenue for the second quarter of 2026 is [expected to exceed $10 billion](https://www.wsj.com/tech/ai/mind-blowing-growth-is-about-to-propel-anthropic-into-its-first-profitable-quarter-7edbf2f4?mod=tech_lead_story), according to The Wall Street Journal. An Anthropic spokesperson confirmed the figures to WIRED. SpaceX did not immediately respond to WIRED’s request for comment. In a post on X about the deal, Musk [said](https://x.com/elonmusk/status/2057228707606196434?s=20) that SpaceX was “in discussions with other companies to do the same.” SpaceX says it expects to “enter into additional similar services contracts” for its compute infrastructure and will continue using its data centers for itself. “We have sufficient capacity to provide compute for our own AI models, including support of our training and inference demands, and to satisfy the obligations under these agreements,” the filing states. “We believe our dual monetization strategy provides multiple pathways to generate returns on invested capital.” The filing details SpaceX’s business opportunities and risks ahead of an initial public offering. SpaceX is pursuing the largest IPO in history, with hopes of raising about $75 billion at a valuation of $1.75 trillion. The company filed its initial paperwork confidentially with the US Securities and Exchange Commission on April 1, allowing time to make edits based on feedback from the regulator. The filing released on Wednesday is the cleaned-up version, though additional changes could come before it debuts on the Nasdaq stock exchange under the ticker SPCX, which could reportedly come as soon as June 12. SpaceX, including X and xAI, generated nearly $4.7 billion in revenue and lost almost $4.3 billion in the first quarter of this year, according to the filing. Last year, SpaceX generated $18.7 billion in revenue but lost $4.9 billion after heavy spending to develop AI technologies and a bigger rocket, according to the filing. The S-1 is meant to help potential investors better understand the company and the challenges it faces. One widespread concern is the amount of power Musk holds over SpaceX and whether there are enough safeguards to hold the cofounder and CEO in check. Excerpts of the IPO filing [seen by Reuters](https://www.reuters.com/world/only-elon-musk-can-fire-elon-musk-spacex-filing-shows-2026-04-29/) before it was published showed that the only person who can fire Musk is the billionaire himself. The documents also revealed that he will be able to [maintain control](https://www.reuters.com/sustainability/boards-policy-regulation/spacex-ipo-filing-shows-elon-musk-can-retain-board-control-2026-04-23/) of the company’s board. In addition, he and his allies will have outsized [voting power](https://www.reuters.com/world/musk-insiders-retain-voting-control-spacex-after-ipo-filing-shows-2026-04-21/), allowing them to beat back attempts by activist shareholders to derail company endeavors. SpaceX also plans to exercise provisions of Texas law to fend off hostile takeovers and the removal of executives or board members. In recent weeks, advocacy groups including a leading [US teachers’ union](https://www.wired.com/story/activists-call-for-boycott-of-spacex-ipo/), [AI safety researchers](https://www.wired.com/story/ex-openai-staffers-warn-spacex-investors-of-ai-safety-risks/), and [environmental organizations](https://www.wired.com/story/xai-adds-19-new-gas-turbines-despite-ongoing-lawsuit/) operating near SpaceX facilities have called on investors to think twice before buying shares in the company. The activists have written to investors and SpaceX urging them to reconsider support for an approach that consolidates power with Musk. The heads of public employee retirement funds for California, New York, and New York City jointly called SpaceX’s proposal “novel and extreme” and the “the most management-favorable governance structure ever brought to the U.S. public markets at this scale.” “We acknowledge SpaceX’s extraordinary technical and commercial achievements, and we recognize the role the company plays in U.S. national security and commercial space,” the [pension fund leaders wrote](https://comptroller.nyc.gov/reports/letter-to-spacex-re-ipo-from-nyc-comptroller-levine-nys-comptroller-dinapoli-and-calpers-ceo-frost/) to Musk and his fellow executives. “Its governance must at least adhere to the baseline protections upon which long-term institutional capital depends, rather than seeking to diminish them.” They and other activists are also concerned about SpaceX’s [reported](https://www.reuters.com/business/finance/musk-rewrites-ipo-playbook-with-large-slice-spacex-stock-retail-investors-source-2026-03-26/) intentions to let individual investors buy an unusually large slice, about 30 percent, of initially offered shares, which could turn the company into a risky meme stock with wildly fluctuating prices. However, unless there are major hiccups with the IPO, SpaceX will quickly benefit from new stock market rules that will require certain popular investment funds to buy up its shares and hold onto them, potentially both boosting and stabilizing prices. Leaks from confidential versions of the S-1 are rare, but SpaceX has experienced a bunch of them beyond the governance details. Reporting from [The Information](https://x.com/validapau/status/2049550110309163081) revealed sales from Starlink, SpaceX’s satellite internet service, reached about $11.4 billion last year. The outlet also highlighted SpaceX’s [growing debt load](https://www.theinformation.com/articles/spacex-debt-jumped-23-billion-last-year)—up to $23 billion last year. Reuters recently reported SpaceX has spent more than $15 billion [trying to develop Starship](https://www.reuters.com/business/autos-transportation/spacex-spending-starship-tops-15-billion-rush-airline-like-rocketry-2026-05-01/), a larger rocket than the company’s commercially successful workhorse, Falcon 9. The latest launch attempt aimed at proving out Starship is scheduled for Thursday. Other leaks described xAI [potentially being banned](https://www.reuters.com/world/spacex-warns-that-inquiries-into-sexually-abusive-ai-imagery-may-hurt-market-2026-04-23/) in certain countries for its chatbot generating sexually abusive imagery, [plans](https://www.reuters.com/business/autos-transportation/spacex-targets-in-house-gpus-it-warns-investors-chip-supply-costs-2026-04-23/) to spend a substantial amount of money manufacturing GPUs, and [uncertainty](https://www.reuters.com/world/spacex-says-unproven-ai-space-data-centers-may-not-be-commercially-viable-filing-2026-04-21/) about orbiting [data centers in space](https://www.wired.com/story/could-we-put-ai-data-centers-in-space) working out as a business. _Update 5/20/26 7:32pm ET: This story has been updated with details from Elon Musk's X post about the Anthropic partnership._

[](/search?tid=26) [Edwards](/~Edwards) (42866)发表于 2026年06月06日 20时53分 星期六 [新浪微博分享](//service.weibo.com/share/share.php?url=//www.solidot.org/story?sid=84502&appkey=1370085986&title=Google%20%E5%B0%86%E6%AF%8F%E6%9C%88%E6%94%AF%E4%BB%98%E7%BB%99%20SpaceX%209.2%20%E4%BA%BF%E7%BE%8E%E5%85%83%E7%A7%9F%E7%94%A8%E5%85%B6%E7%AE%97%E5%8A%9B) [](javascript:void(0);) **来自猛兽的财富** SpaceX/xAI 的聊天机器人 Grok 显然用户太少而导致马斯克（Elon Musk）耗巨资购买的英伟达 GPU 大量闲置，为了避免数据中心空转，SpaceX 近期先后与 Anthropic 和 Google 两大 AI 巨头达成了类似的算力出租协议：Anthropic 同意在 2029 年之前每月向 SpaceX 支付 12.5 亿美元租用 Colossus 1 数据中心的算力，Google 每月向 SpaceX 支付 9.2 亿美元租用 11 万个英伟达 GPU 及相关计算基础设施。SpaceX 未透露 Google 租用 Colossus 1 还是 Colossus 2 数据中心。与 Anthropic 的协议类似，与 Google 达成的协议也包含终止条款。SpaceX 和 Google 都可以在 2026 年 12 月 31 日之后提前 90 天通知对方终止交易 ... https://hardware.slashdot.org/story/26/06/05/2017239/google-will-pay-spacex-920-million-per-month-for-compute

Elon Musk is now the world’s first trillionaire, after his SpaceX exploration and satellite company went public on the Nasdaq on Friday. With shares priced at $135 each, Musk’s aerospace and satellite maker soared to an overall market valuation of approximately $1.77tn – which raised Musk’s net worth (which had already hovered at the astronomical $813bn) into the $1tn stratosphere. What does this tell you about capitalism in this era? That it’s no longer based on economic principles as they’re taught in school – prices set by supply and demand. It’s now based on hype, connections and total, arbitrary control. First, the hype. Musk priced [SpaceX](https://www.theguardian.com/science/spacex) stock at roughly 100 times the company’s total revenue in 2025. This is ballsy, to say the least, given SpaceX’s consistent _negative_ profitability and its failure to meet prior goals. Granted, it’s difficult to predict the value of activities that don’t yet exist, such as SpaceX’s stated mission to “extend the light of consciousness to the stars”. Interstellar space travel and interplanetary habitation are inherently speculative endeavors. [ SpaceX to list on US stock market at historic $1.77tn valuation ](https://www.theguardian.com/science/2026/jun/12/spacex-stock-price-ipo-spcx) But SpaceX’s initial public offering is nothing more than a show of faith in Musk. Much of SpaceX’s “value” comes out of a deal Musk negotiated between SpaceX and his artificial intelligence startup, xAI. Musk essentially made that deal with himself. A magic trick, out of thin air! The closer you look at the SpaceX IPO, the more it looks like Musk’s ill-fated Doge. It also bears a striking resemblance to Trump’s takeover of the US government. All of it is arbitrary – based on the hype and will of one man with a giant ego and an insatiable thirst for money and power. It’s built on self-dealing. There’s no accountability. No checks. No balances. As to connections, look no further than Brendan Carr, the chair of the Federal Communications Commission. He’s been a Musk booster from the start. In fact, Musk [recommended him to Trump](https://www.nytimes.com/2026/06/08/technology/elon-musk-brendan-carr-fcc-spacex.html) as the perfect leader for the agency. Since then, Carr has [approved regulatory requests](https://www.nytimes.com/2026/06/08/technology/elon-musk-brendan-carr-fcc-spacex.html) for Elon Musk’s SpaceX and its Starlink satellite internet – allowing Musk to gain control of two-thirds of all active satellites, more than 10,300, in low Earth orbit, and giving SpaceX dominance over global internet access and defense communications. Even as Carr led the way to Musk’s near monopoly on low-Earth orbit satellites, Carr also commenced [an investigation](https://www.nytimes.com/2026/06/08/technology/elon-musk-brendan-carr-fcc-spacex.html) into a rival satellite company, EchoStar, after Musk’s company complained about it. Carr also threatened to revoke the broadcast licenses of NBC and ABC over their unfavorable coverage of Trump. Finally, Musk will [have total control over SpaceX](https://techcrunch.com/2026/05/21/how-elon-musk-will-increase-his-power-through-the-spacex-ipo/). Shareholders won’t have any voice whatsoever. Each share held by Musk [will have 10 times the voting power](https://www.nytimes.com/2026/05/26/technology/spacex-elon-musk-pay-board-governance.html) of a share offered to the public. SpaceX’s board of directors will engage in a pantomime. They’ll have no meaningful authority. None of this would be of particular cause for concern if investors could decide for themselves whether the downside risks and potential upside gains from buying SpaceX stock were worth the price. That’s called a “market”. _Caveat emptor._ But many of us, if not most of us, with any savings parked in major stock indices (yours truly included) won’t have any choice. We’ll invest in SpaceX whether we want to or not. That’s because the major indices have been rigged. Normally, major stock indices have a waiting period before they plow their investors’ money into a newly formed company, in order to test whether that company is worth it. But SpaceX has lobbied index funds to change the rules. On 1 May, for example, the [Nasdaq](https://www.theguardian.com/business/nasdaq) 100 implemented a new “fast entry” rule that will include companies among the top 40 most highly valued companies – which will almost certainly include SpaceX just days from now. Presto! A big chunk of Americans’ retirement savings and pensions (as well as university endowments) will _automatically_ be tied to SpaceX’s market value. At the same time, all that automatic infusion of investment will artificially jack up the value of SpaceX, at least in the short term. But here’s the real kicker. SpaceX _insiders_ will [be able to sell their shares sooner](https://www.reuters.com/legal/government/spacex-sets-aside-5-ipo-shares-selected-buyers-waives-lock-up-2026-06-01) than is usually the case with an IPO, because that’s the way the SpaceX IPO has been organized. This means they can enjoy the stocks’ upward tide as the major indices force millions of investors to buy it, and then they can exit SpaceX before the tide goes out. Musk is now a trillionaire, but a lot of innocent people could be shafted by this IPO, perhaps without their even noticing. It could be a huge redistribution from most of us to Elon and his buddies. I don’t want to sound cynical, but this is the sort of thing that brings out the cynicism in me. It’s the story of rot at the core of American capitalism in this Second Gilded Age. * Robert Reich, a former US secretary of labor, is a professor of public policy emeritus at the University of California, Berkeley. He is a Guardian US columnist and his newsletter is at [robertreich.substack.com](http://robertreich.substack.com/). His new book, Coming Up Short: A Memoir of My America, is [out now in the US](https://sites.prh.com/reich) and [in the UK](https://scribepublications.co.uk/books/coming-up-short)

 飞向宇宙、浩瀚无垠 **作者｜曹思颀** **编辑｜靖宇** 6 月 12 日，在 SpaceX 正式挂牌当天，马斯克选择前往得州的星舰基地，和数百名员工一起，远程敲响了纳斯达克的开市钟 ... 在现场，他用熟悉的那股自嘲范儿说：「如果当年有人告诉我会有今天，我大概率觉得那个人嗑嗨了。因为当时我自己都认为这家公司会黄。」 这一天，SpaceX 正式登陆纳斯达克，发行价 135 美元，募资约 750 亿美元；开盘即涨，盘中一度冲过 176 美元，市值短暂站上 2 万亿美元

**** **“美股历史上一场充满撕裂的豪赌就要来了，从没见过分歧和争议这么大的。”**深圳一家私募基金合伙人周明对雷峰网兴奋道 ... 美东 6 月 12 日 09:30（北京时间今晚 21:30），SpaceX 将正式登陆纳斯达克，发行价为每股 135 美元，计划募资 750 亿美元。1.75 万多亿美元的起步估值，让它在未上市前就一举超越了老牌巨头 Meta，直逼亚马逊

185159684 story [](//science.slashdot.org/index2.pl?fhfilter=space) Posted by [BeauHD](https://www.linkedin.com/in/beauhd/) on Wednesday August 26, 2026 @03:00AM from the what-to-expect dept. SpaceX [plans to spend up to $100 billion](https://www.cnbc.com/2026/08/25/spacex-louisiana-spaceport.html) building a new Starship launch facility in Vermilion Parish, Louisiana, which the state says could eventually "support thousands of launches annually." CNBC reports: _Once built, Starbase, LA will serve as the main launch facility for Starship, SpaceX's in-development rocket that's the largest ever built and designed to be fully reusable. Musk has aspirations to massively expand SpaceX's Starlink satellite network, to launch orbital data centers and to someday colonize Mars. Those ambitions, and justification for SpaceX's nearly $2 trillion market cap, hinge on the success of Starship. SpaceX said, in a [video posted](https://www.spacex.com/sites/starbase-la) to its website on Tuesday, that the search for a site to build launch pads and have access to ample fuel for its operations took about seven years. Musk said in the video that the company would bring "probably 10,000 really exciting jobs" to Louisiana with the spaceport. A fact sheet [posted online](https://www.opportunitylouisiana.gov/spacex) by the state of Louisiana said SpaceX is expected to generate an estimated "3,000 direct new jobs over the next 10 years" in the state, and "8,100 indirect new jobs." SpaceX said it would work on a "historic coastal restoration" in Louisiana, in partnership with the state to "bring the marsh back" and ensure the wetlands around its new facility will have "storm protection." _