Musk Owns 48.4% of SpaceX's Passive Shares

Recent filings with the U.S. Securities and Exchange Commission reveal that Elon Musk owns 48.4% of the passive shares in SpaceX as of June 30. This significant stake underscores Musk's continued influence in the aerospace company he founded in 2002.

SpaceX has been at the forefront of space exploration and satellite technology, with Musk leading initiatives such as the Starlink satellite constellation and the development of the Starship rocket. Musk's ownership of nearly half of the passive shares indicates his substantial financial interest in the company's ongoing projects and future endeavors.

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Source: KLEA News