BRIEF-SpaceX To Apply To List Shares On Nasdaq And Nasdaq Texas

Tesla Motors, Inc.

Tesla Motors, Inc.

TSLA

0.00

- SpaceX:

  • SPACEX FILES S-1 REGISTRATION STATEMENT WITH U.S. SEC

  • SPACEX: FILES FOR IPO OF CLASS A SHARES

  • SPACEX: WE WILL HAVE TWO CLASSES OF COMMON STOCK ISSUED AND OUTSTANDING: CLASS A COMMON STOCK AND CLASS B COMMON STOCK

  • SPACEX: CLASS A COMMON STOCK WILL HAVE ONE VOTE PER SHARE; CLASS B WILL HAVE 10

  • SPACEX: WILL HAVE "CONTROLLED COMPANY" STATUS AFTER IPO, DOES NOT NEED MAJORITY OF BOARD TO BE INDEPENDENT

  • SPACEX: MUSK WILL HAVE POWER TO CONTROL OUTCOME OF MATTERS THAT NEED SHAREHOLDER APPROVAL

  • SPACEX: DOES NOT EXPECT TO DECLARE OR PAY DIVIDENDS TO HOLDERS OF CLASS A STOCK IN THE FORESEEABLE FUTURE

  • SPACEX: ELON MUSK HAS COMBINED VOTING POWER OF 85.1%

  • SPACEX: ELON MUSK OWNS 12.3% OF CLASS A SHARES, 93.6% OF CLASS B SHARES

  • SPACEX: AFTER IPO, MUSK WILL BE CEO, CTO AND CHAIRMAN OF BOARD

  • SPACEX: MUSK CAN ELECT, REMOVE, OR FILL VACANCY AMONG CLASS B DIRECTORS

  • SPACEX: TO APPLY TO LIST SHARES ON NASDAQ AND NASDAQ TEXAS

  • SPACEX: TESLA OWNS 18,990,195 SHARES OF CLASS A COMMON STOCK AS OF MAY 1

  • SPACEX: IN MAY, ENTERED INTO CLOUD SERVICES AGREEMENTS WITH ANTHROPIC PBC

  • SPACEX: ANTHROPIC TO PAY US $1.25 BILLION PER MONTH THROUGH MAY 2029, WITH CAPACITY RAMPING IN MAY AND JUNE 2026 AT A REDUCED FEE

  • SPACEX: BEING INVESTIGATED IN U.S. AND OTHER COUNTRIES OVER ALLEGATIONS ITS AI USED TO CREATE NONCONSENSUAL EXPLICIT IMAGES OR CONTENT REPRESENTING CHILDREN IN SEXUALIZED CONTEXTS

  • SPACEX: INTEGRATED AI PLATFORMS ACROSS GROK X HAVE OVER 1.3 BILLION SUPPORTED ACCOUNTS ACTIVE IN LAST 12 MONTHS ENDED MARCH 31, INCLUDING ABOUT 550 MILLION MAUS

  • SPACEX: IN JANUARY, AND FURTHER AMENDED ON FEBRUARY 18, CTC ENTERED EQUIPMENT LEASE DEAL WITH VALOR EQUITY PARTNERS FOR AI INFRASTRUCTURE HARDWARE

  • SPACEX: MORGAN STANLEY NAMED STABILIZATION AGENT FOR SPACEX IPO

  • SPACEX: IN MAY, THE SPACEX CREDIT FACILITY WAS AMENDED TO INCREASE THE BORROWING CAPACITY UP TO $5,000 MILLION