SpaceX is finally going public, the SPCX ticker is pretty cool, but with Musk holding 85% voting rights, are retail investors really just here to join the fun?

SpaceX has submitted an S-1 to the SEC, planning to go public on NASDAQ (ticker SPCX), raising approximately $7.5 billion, with a maximum valuation of $1.75 trillion, and retail investors allocated up to 30%. Roadshow on June 8, pricing on June 11, trading on June 12. In 2025, revenue is projected at $17.5k, with a net loss of $4.9 billion, and Starlink has over 10 million users and has achieved quarterly profitability. Elon Musk holds 85.1% of voting rights, with limited shareholder voting power.